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The John Batchelor Show

S8 Ep727: 4. Gene Marks: Gene Marks examines AIadvancements, specifically Anthropic’s ability to discover banking security vulnerabilities. He discusses the balance between AI risks and benefits for small businesses, the phenomenon of AIhallucinations, and how huma

The John Batchelor Show

John Batchelor

News, Books, Society & Culture, Arts

4.52.8K Ratings

🗓️ 11 April 2026

⏱️ 8 minutes

🧾️ Download transcript

Summary

4. Gene Marks: Gene Marks examines AIadvancements, specifically Anthropic’s ability to discover banking security vulnerabilities. He discusses the balance between AI risks and benefits for small businesses, the phenomenon of AIhallucinations, and how humans remain essential for effective customer service. (4)
1960 SANDS, LAS VEGAS

Transcript

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0:00.0

I'm John Batch with Gene Marks.

0:18.0

He's the small business columnist for the Guardian newspaper, UK and U.S. edition,

0:22.3

as well as our hometown newspaper, the Philadelphia Inquirer, artificial intelligence.

0:27.4

The headline in the Wall Street Journal in Bloomberg everywhere is dry but factual.

0:34.4

And what's happened is that Anthropic, with a new version of itself, it has a pet

0:39.5

name, has discovered zero days everywhere in the security apparatus that guard our biggest

0:46.3

banks. Every bank, as far as I can tell, there is no limit to this. AI's done its job. Too well.

0:53.9

What's your response to this, Gene? What did you

0:56.2

think when you first read about it? Well, I mean, I thought what everybody else thinks, which is,

1:00.8

oh my God, way to the bad actors get a hold of that, you know? And anthropic promises not to,

1:05.3

you know, to only release their tool to the companies, the big tech companies, the big banks, even the government, by the way, who, you know, to only release their tool to the companies, the big tech companies, the big banks,

1:13.2

even the government, by the way, who, you know, their model has also found lots of flaws in these sites.

1:22.4

So that these people can rectify, you know, and make their sites more secure, you know, fingers crossed that this

1:29.6

just does not get released to any bad actors because the minute that it does, you know,

1:34.2

the bad actors can use the software for the very purpose that they'll try to be used to

1:38.8

protect their data. So it is, you know, it's a scary thing. It is yet another example of how we are so reliant on big tech companies like Anthropic and Open AI and Microsoft and Google to, quote, unquote, protect us from their technology and protect the world from their technology.

2:01.9

You know, there's just so many ways that that, you know, that code can get out the door,

2:06.2

people that could be bribed, breaches that can occur, or just, just bad management.

2:12.1

And some of this code can be super, super destructive.

2:15.7

I mean, this is like coronavirus for computers, you know? So, you know,

2:21.0

it's concerning. It's concerning. I still say, John, with all these risks, you know, with AI that's out

2:25.9

there, I'm still a glass is out full person. And I, you know, and I said, listen, these risks are

...

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