Bank of America, Capital One and four other major banks published a paper yesterday which cautions against giving to much autonomy to agentic AI. The six global banks say that autonomous Agentic AI presents severe risks regarding safety, transparency, privacy, and consumer choice. They also warn that the use of such agents could lead to more frauds, scams, disputes and lawsuits.

Full report : In a paper published yesterday six major banks warned that increased autonomy for agentic commerce chatbots could lead to more scams, fraud, and disputes.