The original title is: "AI Weekly Issue #513: Treasury analysts called AI a systemic risk. Treasury disowned it."

Short summary

US Treasury analysts labeled AI a systemic risk, warning a downturn would ripple through stocks, private credit, data-center debt and utilities—though Treasury distanced itself from the conclusion. The ECB ordered European banks to prove resilience to AI-driven shocks by October 31, and the UK placed AWS, Google Cloud, Microsoft and Oracle under critical-infrastructure supervision. The issue also covers Meta's face-recognition glasses, AI's impact on jobs, and early audits of AI dependence in education and healthcare.

• •Treasury analysts called AI a systemic financial risk; Treasury disowned the label
• •ECB gave European banks until Oct 31 to prove AI-shock resilience
• •UK placed AWS, Google Cloud, Microsoft and Oracle under financial-system oversight

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