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الاقتصادية
AI risks US bank profits worth 79B
The article reveals that the spread of AI tools that help customers compare banking returns could intensify competition for customer deposits in American banks, leading to higher interest costs that banks pay on savings accounts. According to an analysis published by Reuters, an increase in the interest rate on savings account balances from 1.9% to 4% could cost banks around $79 billion annually—a hypothetical estimate based on increased interest rates rather than actual losses. Additionally, a scenario where funds shift to higher-yield checking accounts could result in losses for more than 78 banking institutions, amounting to up to $1.3 trillion, with even greater emergency risks if AI tools are used more widely to boost competition for deposited funds.
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