Finance ministers and top bankers raise serious concerns about Mythos model

https://www.bbc.com/news/articles/c2ev24yx4rmo

by reconnecting • 3 months ago

5 3 3 months ago

ath3nd• 3 months ago

Let me get this straight.

Finance ministers are concerned about a made up marketing hype thing that nobody has seen nor verified.

Finance ministers, on the other hand, have no concerns about real verified scientific impending disasters like global warming?

To me that just means we need different finance ministers who have their priorities straight.

johnbarron• 3 months ago

Finance ministers panicking over AI marketing...while ignoring a nearly $40 trillion U.S. debt pile, increasingly unsustainable financing, gated private credit redemptions, hidden CRE losses, and pension insurance exposure tells you exactly how corrupt the priorities are.

figassis• 3 months ago

The interesting thing is this: no matter who they hire (because certainly they’ve already been hiring the best), will make a bank Mythos proof. It likely won’t even make it regular attacker proof.

The reason banks aren’t being hacked daily is a mix of physical and digital access controls, and processes, as well as the real threat of the FBI knocking on your door. It is not because the systems are hard to hack.

But now, they panic because some company told them their systems were not 100% secure? And how will they solve this? My making it 99.99% secure with a $10B yearly Mythos subscription?

I would just settle for not leaking any more s3 buckets. Start there.

Finance ministers and top bankers raise serious concerns about Mythos model

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