How Muse and other AI agents could spark a bank run, according to an economist
Why now
Thesis: Agentic AI could accelerate deposit flight
Catalyst to watch: Real-world AI-driven deposit migration
Main risk: Speculative scenario, no evidence yet
Why it matters
Apollo's chief economist warns agentic AI could trigger a bank run, highlighting a novel systemic risk channel for deposit-funded institutions.
Details
The note was brief, but the implications are big: The chief economist of private-equity giant Apollo Global Management thinks agentic AI could spark a bank run.
Sources
- marketwatch · 2026-09-28 10:47 UTC