When AI spends our money, who pays if the robot gets it wrong? writes Dean Dunham KC
We’ve become used to asking artificial intelligence questions.
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Now we’re approaching something much more significant as we’re going to let it spend our money.
AI shopping agents are being developed that won’t simply recommend which television, holiday or pair of trainers you should buy. They’ll be able to search for the product, choose between retailers and potentially complete the purchase for you.
That sounds incredibly convenient.
But some of the world’s biggest banks are now warning that the technology is developing faster than the consumer protections surrounding it and I think they’re right to be concerned.
Imagine telling an AI assistant: “Find me the cheapest new iPhone and buy it.”
It........
