Business · 28 September 2026

AI agents could trigger bank runs, warns Apollo economist

Torsten Slok, chief economist at Apollo Global Management, warned AI agents might transfer household funds from bank accounts with low interest rates to fintech alternatives. Coordinated outflow of cheap deposits could strain the financial system, as banks rely on these funds for profitable lending. Slok's warning comes as Meta's Muse agent, which can view financial accounts, launched on September 8.

By BriefTea Editorial · 28 September 2026 at 22:21

Reported by cryptopolitan.com · How we write briefs

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