06/19/2026
They want to replace money with AI.
Short explainer: AI could change how value moves — from cash and banks to automated, algorithm-driven systems.
Professor Xueqin Jiang argues this shift would mean faster transactions, personalized finance, and new security challenges.
But replacing money with AI also raises big questions about control, privacy, and who sets the rules.
Why this matters:
Speed: Payments could be instant and context-aware.
Personalization: AI could tailor credit and pricing to each person.
Risk: If AI systems fail or are hacked, money systems could collapse.
What to watch: Policy, transparency, and cyber‑security standards will decide whether this is safe or dangerous.
Source: Prof. X. Jiang (summary)
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