Why so many crises happen when we know why they happen and how to prevent them. cepr.org/voxeu/columns/…

ChatGPT tells me my MP candidate Peter Fortune MP is a hard Brexiter, Sir Bob Neill KC (Hon) , is that true? His website is silent on the matter.

Regulation allowing banks to assign a zero-risk weight to sovereign #debt issued by any #EU country leads to capital misallocation and a significant reduction in household #welfare. T Fueki 一橋大学, P Hürtgen Deutsche Bundesbank, T Walker IU Bloomington ow.ly/BO6M50RE8qY

The problem with AI is that it gives you answers you want to hear. Jon Danielsson, LSE gave his keynote speech at today's #SRA2024 European Systemic Risk Board, RiskLab Finland and Suomen Pankki conference

The risk managers and supervisors can know all the risks and positions. That does not ensure banks will not fail or crises will be averted. The opposite is more likely: there is a higher chance of bankruptcy and crises.

🌐 Hi #EconTwitter! Excited for the next #AMLEDS #Webinar! Join us on Jun 21 at 11AM EDT as Jon Danielsson (LSE) discusses "#AI in financial regulations and its impact on stability" with A. Uthemann (Bank of Canada & LSE). 🔗 Link to paper: papers.ssrn.com/sol3/papers.cf…

I think it will be far on the way to rejoin in 10 years. And will be welcomed back by all member states.

A key reason for the alarming frequency of financial crises is failures in regulation - Jon Danielsson proposes that the financial authorities adopt a fundamental concept from finance – diversification - to help to build a more resilient system, VoxEU cepr.org/voxeu/columns/…

Really loving this website done for Jon Danielsson both as a quant and as someone who dabbled in web dev for a sec modelsandrisk.org

Thanks to AI, the next AI financial crisis will play out in minutes and hours rather than days and weeks as now. VoxEU Richard Baldwin cepr.org/voxeu/columns/…

The next AI financial crisis will play out in minutes and hours rather than days and weeks as now. cepr.org/voxeu/columns/…

👉AI will not create new fundamental causes of crises but will amplify the existing ones 👉 Thanks to AI, stress that might have taken days or weeks to unfold can now happen in minutes or hours. ✍️ Jon Danielsson etal VoxEU CEPR Jon Danielsson 🔗 cepr.org/voxeu/columns/…

The next AI financial crisis will be particularly intense, play out in minutes and hours, rather than days or weeks as today. Central banks chose have good options. All in two VoxEU posts cepr.org/voxeu/columns/… cepr.org/voxeu/columns/…

The best way for authorities to respond to AI is to develop their own AI engines, set up AI-to-AI links, implement automatic standing facilities, & make use of public-private partnerships. Jon Danielsson LSE Finance, A Uthemann Bank of Canada LSE Finance ow.ly/ByFi50SLZMJ

AI will swiftly shield its bank during shocks, making crises unfold in minutes, not days. Those without AI will suffer: last to move, first to lose. cepr.org/voxeu/columns/…

Cinco razones por las que es difícil evitar las catástrofes financieras cincodias.elpais.com/opinion/2024-0…

I just updated my Global Financial Systems slides for 2024, now with how AI affects stability. globalfinancialsystems.org/slides/

SUERF Baffi Bocconi webinar “#Financial #crises: An endless saga?” with Prof.Charles Calomiris, Jon Danielsson, Nathanaël Benjamin (BoE), Cornelia Holthausen & Martin Scheicher (European Central Bank), Prof Dr Ernest Gnan. 💻Presentations available here: suerf.org/events/financi… ▶️youtu.be/34V73Mztlfw?si…

🤖 El próximo 24/9/24 a las 18:30h celebraremos en nuestra sede el seminario «Inteligencia artificial y estabilidad financiera» impartido por Jon Danielsson. Os esperamos 👇 policy.fedea.net/inteligencia-a…

🤖 El próximo 24/9/24 a las 18:30h celebraremos en nuestra sede el seminario «Inteligencia artificial y estabilidad financiera» impartido por Jon Danielsson. 🇬🇧 Intervención en inglés Os esperamos 👇 policy.fedea.net/inteligencia-a…