Bank of America CEO Joins Warning of ‘Mythos’ AI Risk by Bank Executives

BlockBeats News, July 16th - Brian Moynihan, CEO of Bank of America, joined a group of Wall Street leaders in expressing serious concerns over the artificial intelligence models developed by Anthropic, such as "Mythos." "This marks a significant shift in the workload, while also addressing the speed at which these tools exploit system vulnerabilities, and how quickly we need to respond," Moynihan said. In recent months, the rapid advancement of artificial intelligence models has prompted the financial industry and the U.S. government to assess potential threats. Anthropic claims that its Mythos model, launched earlier this year, has excelled in identifying system vulnerabilities.

Bank of America is one of the Wall Street institutions authorized to use Mythos, with the bank using the model to test its own systems and share information with peers. Currently, the model is not open to the public; Jamie Dimon, CEO of JPMorgan Chase, warned earlier this week that widespread public access to the system would be as dangerous as "handing over ballistic missiles to individuals." (Jinse)