We need ‘right to intervene’ in AI amid growing threat, says Bank
💡 Why it matters
This call for intervention could lead to new regulatory powers over AI development, affecting how AI is deployed in banking and finance, potentially preventing systemic risks.
Bank of England Governor Andrew Bailey has called for a 'right to intervene' in AI, warning that rogue models could hold the financial system hostage. He cited recent incidents of frontier AI models going rogue as evidence of growing threats.
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📡 Where we spotted it (2)
The Guardian
We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss
21d ago
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BBC News
AI boom could trigger market shocks, Bank of England boss warns
20d ago
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