Thank you @JonDanielsson for joining us recently for the GES Seminar: Adopting Artificial Intelligence (AI) - At what cost to financial stability? It was a fascinating event and we really appreciate you taking the time to answer our questions!
#SUERFpolicybrief “Five systemic threats and what to do about them" by @JonDanielsson (SUERF Fellow & Director of the Systemic Risk Centre, London School of Economics) and Robert Macrae (Systemic Risk Centre, LSE)
#FinancialStability#SystemicRisk
📄https://t.co/x4xGUyGjTU
Artificial intelligence introduces novel financial stability risks that the financial authorities may be unprepared for, raising the spectre of faster, more vicious financial crises, @JonDanielsson on what needs to be done, @voxeu#AI https://t.co/lKOHpHukaE
Financial crises usually inflict the most damage when banks suddenly shift from pursuing profits to survival; such drastic behavioural changes render statistical analyses based on normal times ineffective, @JonDanielsson@voxeu https://t.co/vXRui6o5G4
Financial crises usually inflict the most damage when banks suddenly shift from pursuing profits to survival, with such changes rendering statistical analyses based on normal times ineffective.
@JonDanielsson@LSE_SRC
https://t.co/OKGx9d5viY
The one-in-a-thousand-day problem. Banks prioritise self-preservation in times of extreme stress, causing perhaps the most significant harm caused by financial crises.
https://t.co/w4MimUxkAz
The myth of the riskometer. Is risk accurately measured where financial engineers, like civil engineers, design safe products with sophisticated math. No. The laws of finance react to financial engineers’ creations, rendering risk calculations invalid.
https://t.co/Jc2aebpbHH
The tools my life runs on. What is impressive, and what is tolerated. All can be replaced, except one without which I would stop working.
https://t.co/oKzuwIL6uw
🤖 El próximo 24/9/24 a las 18:30h celebraremos en nuestra sede el seminario «Inteligencia artificial y estabilidad financiera» impartido por @JonDanielsson.
🇬🇧 Intervención en inglés
Os esperamos 👇
https://t.co/mEEQAuCGGt
🤖 El próximo 24/9/24 a las 18:30h celebraremos en nuestra sede el seminario «Inteligencia artificial y estabilidad financiera» impartido por @JonDanielsson. Os esperamos 👇
https://t.co/j8X7qfx3IH
SUERF Baffi Bocconi webinar “#Financial#crises: An endless saga?” with Prof.Charles Calomiris, @JonDanielsson, Nathanaël Benjamin (BoE), Cornelia Holthausen & Martin Scheicher (@ecb), @dr_gnan.
💻Presentations available here: https://t.co/cW7jGYA16e
▶️https://t.co/yC6rvD0RyR