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Claim · 2017-11-01 · publication · Stated in source · Supported

The FSB report of 1 November 2017 states that AI and machine-learning services are increasingly offered by a few large technology firms, that third-party dependencies could give rise to new systemically important players, and that these dependencies could have systemic effects if such a firm faced a major disruption or insolvency.

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Artificial intelligence and machine learning in financial services: Market developments and financial stability implications → articulates → Reliance on a few AI providers creates concentration risk

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