this post was submitted on 25 Oct 2026
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Banks Preparing for Aftermath of Unprecedented Catastrophe Caused by AI: "You can't stop it." (futurism.com)
submitted 4 hours ago by eicker@lemmy.world to c/technology@lemmy.world
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[–] Flower@sh.itjust.works 6 points 1 hour ago

So the agents move money from the regular account to a high interest account for days or weeks, keep on the lookout for accounts with even better conditions, and move just enough money back for the probably scheduled mortgage payment and other regular bills. That means the money doesn't stay sleeping in the regular account where the bank can use it to make profits. And they're very afraid everyone starts doing this, calling it an AI powered bank run.