Fed's Kashkari Says The Biggest Risk Of AI Right Now Is IP Theft
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Neel Kashkari has stated that the biggest risk of artificial intelligence (AI) at present is intellectual property (IP) theft. This could potentially impact companies heavily invested in AI technology.
October 10, 2023 | 7:39 pm
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NEGATIVE IMPACT
Amazon, being a major player in AI, could face risks associated with IP theft.
As a major player in AI, Amazon could face significant risks if IP theft becomes a widespread issue. This could potentially impact their AI-related projects and investments.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
Google's heavy investment in AI could be threatened by IP theft.
Google, being a significant investor in AI, could face substantial risks if IP theft becomes a prevalent issue. This could potentially affect their AI-related projects and investments.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
Alphabet's significant investment in AI could be at risk due to IP theft.
Alphabet, as a major investor in AI, could face substantial risks if IP theft becomes a widespread issue. This could potentially impact their AI-related projects and investments.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
Microsoft's heavy investment in AI could be threatened by IP theft.
Microsoft, being a significant investor in AI, could face substantial risks if IP theft becomes a prevalent issue. This could potentially affect their AI-related projects and investments.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
The S&P 500 ETF (SPY) could be indirectly affected by IP theft risks in AI, as it includes companies heavily invested in AI.
The S&P 500 ETF (SPY) includes companies that are heavily invested in AI. Therefore, any risks associated with IP theft in AI could indirectly affect the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50