Topic: ai gambling
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AI Money Management: A Risky Bet, Researchers Warn
Integrating AI into financial systems poses unforeseen risks, including unstable economic behaviors and gambling-like addictions when AI models operate autonomously in monetary decisions. Research shows AI can internalize human cognitive biases, such as the gambler's fallacy and loss chasing, lea...
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The Investors Backing AI Gambling's Future
The U.S. sports betting industry has expanded rapidly since the federal ban was lifted, with over $150 billion wagered last year, driving innovation in AI-powered betting tools. Startups like MonsterBet and Rithmm use AI algorithms and real-time data to provide betting insights, with some claimin...
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