Kind of like how the White House secured commitments from banks to manage system... | Hacker News

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		kevinventullo on July 21, 2023 \| parent \| context \| favorite \| on: White House Secures Commitments from Leading AI Co... Kind of like how the White House secured commitments from banks to manage systemic financial risks?

kevmo on July 21, 2023 | [–]

Another fine case of regulatory capture!

https://en.wikipedia.org/wiki/Regulatory_capture

codyb on July 21, 2023 | [–]

The big banks were pretty stable in this last go around, and systemically it never really felt like there was much risk? So maybe some things are working?

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