Bank of America CEO Joins Wall Street Executives in Warning About 'Mythos' AI Risk

Odaily Planet Daily News Bank of America CEO Brian Moynihan has joined a group of Wall Street leaders in expressing serious concerns about artificial intelligence models like "Mythos" developed by Anthropic. "This marks a significant shift in workload, as well as the speed at which these tools can impact system vulnerabilities and how quickly we must respond," Moynihan said. In recent months, the rapid evolution of AI models has prompted the financial industry and the U.S. government to begin assessing potential threats.

Anthropic claims that the Mythos model, launched earlier this year, has excelled at identifying system vulnerabilities. Bank of America is one of the Wall Street institutions authorized to use Mythos, employing the model to test its own systems and share information with peers. The model is not yet available to the public; JPMorgan Chase CEO Jamie Dimon warned earlier this week that broadly opening the system to the public would be as dangerous as "giving a ballistic missile to an individual." (Bloomberg)