Bank of England Warns AI Growth Failure Threatens Government Bonds
The Bank of England's Financial Policy Committee has issued a warning that government bonds could face new threats if artificial intelligence growth fails to deliver its expected economic benefits.
The committee, which warned on September 30, emphasized that financial institutions should prepare for advanced-AI risks and communicate with U.K. authorities about these potential vulnerabilities.
Vulnerabilities in advanced AI systems have increased the need for risk planning across the financial sector, according to the committee.