New technologies, like artificial intelligence and digital assets, give scammers many new tools, and, frankly, I worry that our regulators will be quickly outgunned.
Bill Foster: “New technologies, like artificial intelligence and digital assets, give scammers many new tools, and, frankly, I worry…”
Editor's note · Context
Foster expresses concern about regulators being outmatched by new technologies used in scams.
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Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----
Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.
If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.





