AI risks are the biggest threat to the financial system, Fed survey finds

The report comes with Wall Street on edge over high-flying AI hyperscalers, while communities are on alert for the rapid spread of data centers.

作者
Jeff Cox
发布方
CNBC
发布时间
篇幅
392 字 · 2 分钟
AI risks are the biggest threat to the financial system, Fed survey finds
  • A financial stability report that the Federal Reserve released Friday showed respondents most concerned about threats from artificial intelligence.
  • AI was cited by 87% of respondents in the latest view from a variety of participants, up from 50% during the last survey in the spring of 2026.
Signage on a fence at the Nscale data center project in Barstow, Texas, on Oct. 15, 2026.Eli Hartman | Bloomberg | Getty Images

Threats from artificial intelligence topped the list for greatest risks to the financial system, far exceeding any other dangers, according to respondents who participated in a Federal Reserve survey released Friday.

The central bank's twice-yearly look at a variety of dangers saw a surge in respondents saying that the biggest danger comes from AI along several fronts including debt, stock market valuations and security risks.

"Respondents noted three distinct areas of concern: (1) elevated equity valuations and the possibility that lower-than-expected earnings could result in lower valuations and a market correction; (2) cybersecurity risk, stemming from either a malicious attack by sophisticated state actors or damage caused by frontier AI models themselves; and (3) risks associated with complex forms of AI-related financing," the report stated.

The report comes with Wall Street on edge over high-flying AI hyperscalers, while communities are on alert for the rapid spread of data centers used to power the technology. Some 56% of voters in this month's midterm elections said data centers were of crucial or major importance in their choices, according to exit polling.

Respondents to the Fed survey released Friday include a variety of market participants, economists, analysts and institutional sources. The report covers the period up to Oct. 28, just a few days shy of the election.

Of the group, 87% cited AI as a "salient risk" to the system. That was up from 50% in the survey during the spring of this year and well ahead of the next most-cited danger, a risk asset correction, which was mentioned by 52% of those surveyed.

Other leading risks were higher long-term rates (48%), cyberattacks (43%) and fiscal debt sustainability (43%), the latter coming with the U.S. debt over $40 trillion and the budget deficit near $2 trillion.

The report otherwise found the system fairly stable, though it mentioned that hedge fund leverage is at its highest since 2013 and concentrated on a relatively small group.

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内容来源

本文由Jeff Cox报道,CNBC于2026年11月13日首次发布。HUE Legacy Ventures 并非本文作者。

Carried in full with attribution and a link to the original. Rights remain with the publisher, who may request removal at any time.

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