TLDR Tech / Fintech
AI: Finance adopts AI at 2x the Pace of Its Regulators
Finance firms are adopting AI fast: 4 in 5 firms use AI, but 43% of regulators do not even track AI adoption. The core issue is not just bad regulation, but regulator blindness: low cloud use, weak AI tooling, talent gaps, and limited monitoring capacity. AI risk is becoming systemic because finance is concentrating on a few providers: 76% of firms use OpenAI, and cloud dependency is also heavily concentrated.
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