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Regulator warns of 'interruptions' to business as AI models evolve

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Summary

The regulator that oversees Australia's banks, super funds and insurers will run "stress tests" to examine hypothetical doomsday scenarios linked to AI, warning that firms are unprepared.

Description from ABC News (Australia).

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  1. ABC News (Australia) Center Factuality: Very high AU
    Regulator warns of 'interruptions' to business as AI models evolve

    The regulator that oversees Australia's banks, super funds and insurers will run "stress tests" to examine hypothetical doomsday scenarios linked to AI, warning that firms are unprepared.

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