TREE NEWS reports: Apollo Global Management chief economist Torsten Slok warned that the financial system could face “agentic bank runs” if households rely heavily on AI assistants such as Meta Platforms’ Muse to move cash into higher-yielding accounts. In a report titled “Is an Agentic Bank Run Coming?” Slok wrote that banks could lose the cheap deposits they use to fund lending, calling it a problem for the entire financial system.
Apollo’s Slok Warns AI Agents Could Trigger ‘Agentic Bank Runs’
Slok's warning reframes AI adoption as a structural risk to bank funding, not just a productivity story. The mechanism matters: if AI assistants make deposit-shopping frictionless, the cheap, sticky deposits that underpin bank lending become flighty, and the pressure lands on institutions least able to absorb it. The open question is whether regulators and banks treat agentic cash movement as a conduct issue or a liquidity one — and whether any guardrails emerge before the behavior scales.
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