
Bank of England Warns of Increasing AI Risks to Financial Stability
The Bank of England has reiterated its concerns about the rapid development and adoption of artificial intelligence technologies, warning that these advances are increasing risks to financial stability and noting that valuations have become more stretched amid fears of a potential AI bubble.
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Rapid AI advances increasing financial stability risks, Bank of England warns
The Financial Policy Committee stressed that valuations ‘have also become more stretched’ amid concerns of a potential AI bubble.
By Henry Saker-Clark
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