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Bank of England sees growing risks to financial stability from AI

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2 outlets - including Cryptopolitan and Yahoo - are covering this story. A collapse in AI share prices could remove a total of 2.2 percentage points from the UK’s economic output, the Bank of England said in its financial stability report on Tuesday. The BOE warned investors and lenders fully sized into tech exp…

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Bank of England warns against increased financial risks due to AI
Cryptopolitan Jul 7, 19:55 UTC

Bank of England warns against increased financial risks due to AI

A collapse in AI share prices could remove a total of 2.2 percentage points from the UK’s economic output, the Bank of England said in its financial stability report on Tuesday. The BOE warned investors and lenders fully sized into tech exp…

Yahoo Finance News Jul 7, 09:38 UTC

Bank of England sees growing risks to financial stability from AI