JP Morgan Chase has joined companies such as Amazon and Accenture in restricting use of AI chatbot ChatGPT among the company’s some 250,000 staff over concerns about data privacy.

The restrictions stretch across the Wall Street giant’s different divisions. It’s implementation is not due to any specific incident but is part of the company’s ‘normal controls around third-party software,’ reports Bloomberg.

Indeed, bosses at JP Morgan are concerned that information shared across the platform could be leaked and lead to regulatory concerns.

[I wonder what the rush to adopt it was about in the first place. Did it really take CEO Jamie Dimon this long to figure out that an AI platform could provide a great environment for Trojan horses and other malicious tactics? — Ed]