Bank of Canada Governor Tiff Macklem says global financial systems need to “come to grips” with the risks posed by rapid advances in artificial intelligence models like Anthropic’s Mythos.
Developer Anthropic claims the upcoming Mythos model of its Claude AI is capable of quickly detecting long-hidden cybersecurity vulnerabilities, news which has made major financial market players and regulators anxious about the technology’s disruptive potential.
The Bank of Canada gathered representatives from big banks and financial agencies last week to discuss the risks Mythos poses for the Canadian financial system.
Macklem says while there’s been a fair amount of discussion about Mythos on the sidelines of the International Monetary Fund’s spring meetings in Washington, no one knows yet the full implications of this latest AI advance.
He says Mythos is not a one-off event and the nature of AI development means firms, regulators and policy-makers need to grapple with how these rapidly evolving technologies will affect the integrity of financial systems in Canada and around the world.
Finance Minister Francois-Philippe Champagne was also in Washington for the IMF meetings and told reporters earlier in the day that Mythos has become a “test case” for how governments prepare for and react to new technologies.
im against data centers they are being built to steal jobs as far as i can tell. they are building them in alberta too. smith should put a stop to it.
No Mr. Tiff Macklem, the globe needs to come to terms with its own human greed.
Its HUMAN trash that is causing so much economic grief. Not AI! It is the ones responsable for its programming and use who are the culprits and all those who support AI are aiding and abetting and showing their shallowness as a human being. THAT is what we need to center on. Stopping the greed.
Its fast becoming like the only way we are going to do that is by violent means. It is the only recourse they leave us. Civil unrest. Otherwise we are not being heard at all.
We can boycott and protest all quiet like as much as want and we are commanded too because anymore brings out the gestapo.(Unless of course you are the right color).
Absolutely SICKENING what Carney and a handful of traitors and double crossers have wrought in just a short time. The corruption is thick and real!
Canada needs to stand firm and demand democracy! Enough of the fascism. Enough of the gouge and enough of the corruption.
So the banks should be be proactive and use Mythos to identify security vulnerabilities to protect against AI attacks. Do I have to think about solutions to everything?
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