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AI assistants helping people maximize their cash could trigger a bank run, Apollo's chief economist warns

Apollo
Business Insider Fews App News Provider
Fews App Post Time 8h ago

Jolly, the mascot for Meta's Muse AI agent. Bloomberg/Getty ImagesAn AI agent trying to optimize your cash could move your money from a bank to a fintech firm. If everyone's agent does that, however, it could trigger a bank run, Apollo's top economist said.

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