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AI agents could spark bank runs by yanking cash from low-paying accounts: Apollo economist

AI agents could spark a new kind of bank run by automatically yanking consumers' cash out of low-paying checking accounts and chasing higher yields, Apollo's chief economist warned.

Republican Ledger staff · 3:01 PM ET

AI agents could spark bank runs by yanking cash from low-paying accounts: Apollo economist
The Republican Ledger

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AI agents could spark a new kind of bank run by automatically yanking consumers' cash out of low-paying checking accounts and chasing higher yields, Apollo's chief economist warned.

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