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Bank of England Governor Warns AI Bubble Could Trigger Recession

The governor of the Bank of England cautioned that a sudden burst in the artificial intelligence investment boom could destabilize financial markets and precipitate a global economic downturn. Policymakers are monitoring sector valuations closely for systemic risks.

31 Aug, 08:43 — 31 Aug, 08:43
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Sources

Showing 1 of 3 sources
The IndependentMostly Factual6h ago

Bank of England governor: AI risks forcing global economic downturn

Warning comes as Chancellor John Healey announced a £100 million fund aimed at backing British AI start-ups

By David Lynch

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Coverage Timeline

First report: The Independent · 31 Aug, 08:43Full coverage: 3 · 5hWindow: 5h
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The Independent31 Aug, 08:43First to report

Bank of England governor: AI risks forcing global economic downturn

2h later
balkan-web31 Aug, 11:09

Guvernatori i Bankës së Anglisë paralajmëron: Inteligjenca artificiale mund të shkaktojë recesion ekonomik global

3h later
index-hr31 Aug, 13:43Latest update

Šef britanske središnje banke upozorava: Pukne li AI balon, slijedi globalni pad

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