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Advanced AI threatens global financial stability, says Bank of England boss

Andrew Bailey, the Bank of England's governor, warns that advanced AI could severely threaten global financial stability. In a letter to G20 finance ministers, he highlights the need for international cooperation and effective protocols to...

The Guardian· Aug 31, 2026 · 7:59 AM · 51 views

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Andrew Bailey, the Bank of England's governor, warns that advanced AI could severely threaten global financial stability. In a letter to G20 finance ministers, he highlights the need for international cooperation and effective protocols to manage AI development, emphasizing the escalating cyber risks.

Full story and more reels: https://newsreel.video #news #breaking #AI #finance #cybersecurity #BankofEngland #G20 #globalstability

Originally reported by The Guardian. Read the full story →

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