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Apollo economist warns agentic AI could trigger bank runs
The chief economist at Apollo Global Management said agentic AI, including AI agents such as Muse, could amplify fears during periods of financial stress.
MarketWatch reports that the chief economist at private equity firm Apollo Global Management thinks agentic AI could contribute to bank-run dynamics.
In a brief note, Apollo’s economist argued that AI agents, including Muse, may heighten customer concerns in ways that could lead to customers rushing to withdraw funds.
The report emphasizes that while the discussion was concise, it could carry major implications for how bank customers react during uncertainty.