CFTC chief poses questions about policing AI but calls it a road to 'autonomous trading'

Chairman Mike Seligs U.S. Commodity Futures Trading Commission has thrown his agencys doors open to a number of recent developments in financial technology, including crypto, prediction markets and, at a forum on Wednesday, artificial intelligence.　　“The convergence of superintelligence, crypto, and modern financial infrastructure could transform our markets,” Selig said. “It could expand access to sophisticated financial tools, enable businesses to manage risk with greater precision, and create entirely new forms of economic activity.”　　The price of participation for AI insiders at the forum seems to have been adopting President Donald Trumps demand that the non-organic, machine intelligence be referred to as “super intelligence” or SI, which the panelists did (despite their own companies or social media feeds still relying on the commonly used term outside the agencys walls). Selig said its time to scrap the term “artificial,” because he said its not accurate in describing this technology.　　“Its as real as the printing press, the steam engine, and the internet,” he said. “Like the generational technologies that preceded it, superintelligence promises to reshape our financial markets by continuing a decades-long evolution towards increasingly autonomous trading systems.”　　From the perspective of the regulator of derivatives markets, he said that his agencys staff is already