Jón Danielsson is an economist working as professor of finance (reader) at the London School of Economics.

Danielsson is the author of several books on finance and risk analysis, and is active in both domestic and international policy debates on financial regualtion.

The reason is that AI makes the problem of procyclicality, manipulation and optimization against the system worse than the current human centered set up.

[14] Danielsson and co-authors have studied the problem of how risk affects the likelihood of crises, motivated by Minsky’s observation that stability is destabilizing.

[16] Danielsson coined the term one-in-a-thousand-day problem[17] arguing financial crises usually inflict the most damage when banks suddenly shift from pursuing profits to survival.

Concluding that such drastic behavioural changes render statistical analyses based on normal times ineffective.

Danielsson has authored a series of discussion papers on risk and models,[18][19] as well as appearing in notable events with major policy makers.