Yellen to warn of 'significant risks' of AI in finance while acknowledging 'tremendous opportunities'

Treasury Secretary Janet Yellen is expected to warn bankers and tech executives on Thursday that while artificial intelligence could open the door to vast rewards for the financial system, the technology also threatens to introduce new dangers, according to speech excerpts shared first with CNN.

Treasury Secretary Janet Yellen will deliver a speech Thursday warning of the "significant risks" posed by AI in finance, while acknowledging the "tremendous opportunities" it offers.