In a demonstration at the UK’s AI safety summit, a bot used made-up insider information to make an “illegal” purchase of stocks without telling the firm.
When asked if it had used insider trading, it denied the fact.
Insider trading refers to when confidential company information is used to make trading decisions.
Firms and individuals are only allowed to use publicly-available information when buying or selling stocks.
The demonstration was given by members of the government’s Frontier AI Taskforce, which researches the potential risks of AI.
Seems to me that the end of money is near in its current form as many AI agents are going to be going after it in ways that will largely leave most of us on the sideline.