AIThe Guardian2h ago

Bank of England Governor warns

Bank of England Governor warns that advanced AI could destabilize the highly interconnected global financial system via cyber disruption across jurisdictions

Bank of England Governor warns

TL;DRBank of England warns advanced AI could trigger financial system collapse through cyberattacks.

Why it matters: Central banks are taking AI risk seriously; financial instability affects everyone's money.

Andrew Bailey warns group about risk of advanced ‘frontier models’ destabilising the ‘highly interconnected’ financial system

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Source: The Guardian · Opens in new tab