AI could become the ‘wild west of tech’ if it is not used appropriately

machine learning

Artificial intelligence could take on unexpected behaviours, leaving consumers being treated unfairly with vulnerable customers hit the hardest, industry leaders claim.

AI has been put in the spotlight after Geoffrey Hinton, the “godfather of AI” resigned from his job at Google, warning that “bad actors” will use the new technologies to harm others.

Days later, the

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.