AI Dynamics

Global AI News Aggregator

About

SVB Crisis: Protecting Depositors Essential for Tech Innovation

I'm glad US gov is looking into protecting SVB's depositors. I see no need to bail out the bank's investors, but failing to protect depositors – who had taken no reckless risks – can mean large layoffs, damage to trust in banks, and setting back AI & tech innovation by years.

→ View original post on X — @andrewyng