CFTC chief poses questions about policing AI but calls it a road to 'autonomous trading'

Source: CoinDesk ·

CFTC chief poses questions about policing AI but calls it a road to 'autonomous trading'

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The U.S. Commodity Futures Trading Commission held a forum in which the chairman, Mike Selig, suggested AI agents may usher in a financial revolution. Chairman Mike Selig's U.S. Commodity Futures Trading Commission has thrown his agency's doors open to a number of recent developments in financial technology, including crypto, prediction markets and, at a forum on Wednesday, artificial intelligence. "The convergence of superintelligence, crypto, and modern financial infrastructure could transform our markets," Selig said. "It could expand access to sophisticated financial tools, enable businesses to manage risk with greater precision, and create entirely new forms of economic activity." The price of participation for AI insiders at the forum seems to have been adopting President Donald Trump's demand that the non-organic, machine intelligence be referred to as "super intelligence" or SI, which the panelists did (despite their own companies or social media feeds still relying on the…

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