Federal Reserve Governor Bowman: Regulators must consider how to deal with new technologies such as Mythos

CoinFeed reported on May 2nd that Federal Reserve's top banking supervisor, Bowman, stated that regulators must consider how best to regulate new technologies like Anthropic's Mythos. "On one hand, this capability allows companies to address vulnerabilities they identify themselves, thereby enhancing cybersecurity," Bowman said. "But on the other hand, if used maliciously, it could be used to identify and exploit weaknesses." Anthropic has limited the release of its latest artificial intelligence model as it assesses safeguards against this powerful new technology. This model has also prompted Trump administration officials to consider the possibility of cyberattacks threatening financial stability.