<ul><li>Fake news reports and disinformation campaigns driven by generative AI pose a significant risk to causing bank runs.</li><li>Generative AI systems can easily create fake stories suggesting security deficiencies in banks and the safety of depositors' money.</li><li>The study found that scammers could earn $1.2 million in fraudulent spending for every $12 spent on social media advertising for their fake news campaigns.</li><li>Financial institutions need to monitor account withdrawals to identify and prevent instances where false information influences customer behavior.</li></ul>

Our reliance on AI-generated news could lead to more bank runs, per new report

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