"Prepare For More Severe Scenarios": Bank Of England Chief Warns Of AI Threat To Global Financial System

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Source: Zero Hedge
Published: 2026-09-01 04:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Technology & AI, Economy & Finance, China, World News, Business & Economy, Asia Pacific
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Snippet:
As the world marches towards open-weight, efficient, unrestricted frontier AI models out of China, Western leaders are starting to panic over the lack of guardrails. Most recently, Bank of England Governor Andrew Bailey suggested that the threat posed by AI could lead to a chaotic correction in global financial markets, as frontier models are now showing "increasingly sophisticated autonomy and problem-solving abilities, as well as threat capabilities."
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