Trump addresses AI risk: ‘We have to be careful'

• Concerns were raised about AI's potential for cyberattacks on banks and its classification as a systemic threat.
• Donald Trump views AI as 'very important' with 'mostly good aspects,' including medical breakthroughs, but stresses the need for caution.
• Trump believes AI can lead to 'greatness' in banking, making it 'much bigger, much safer, much more efficient,' and suggests government safeguards are necessary.
• He asserts that the U.S. is leading China in AI development and that AI will be 'bigger than the internet'.

The discussion focuses on the risks and benefits of Artificial Intelligence (AI) in the financial sector. Maria Bartiromo raises concerns about bad actors hacking banks via AI, while Donald Trump acknowledges these risks but emphasizes AI's potential for medical advancements and making the banking system 'better, safer, and more secure.' He also suggests the need for government safeguards.