Heavy reliance on AI could lead to concentration risks in the financial sector: RBI Governor
New Delhi [India], October 14 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday cautioned that heavy reliance on artificial intelligence (AI) could lead to concentration risks in the financial sector.
The Governor was speaking at the 90th High-Level Conference organized by the Reserve Bank of India in New Delhi.
He noted that the increasing use of AI might allow a few technology providers to domina