VibeusCould AI agents change where households keep their cash? Apollo... - Vibeus
Could AI agents change where households keep their cash?
Apollo Chief Economist Torsten Slok’s September 27 chart asks whether an “agentic bank run” could emerge. It says Muse and similar agents could automatically move household cash into accounts paying 3.3–5.0%, instead of the 0.1% national average on checking accounts; the chart compares fintech deposit yields.
The condition is mass adoption: if every household used AI agents to optimize returns on cash, banks could lose a large share of the low-cost deposits they rely on to make loans, potentially affecting the wider financial system. This is a scenario, not a report that such a run is already happening.
