Business
Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system
This story summarizes reporting from The Guardian. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.
Read full story on The Guardian →
Global — Simon Goodley
Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system
The Bank of England’s governor, Andrew Bailey, has joined the throng of figures warning about the global risks posed by the most advanced artificial intelligence technology.
In a two-page letter sent to international finance ministers and central bank governors as part of his role as chair of the international Financial Stability Board (FSB), Bailey said “frontier” AI models were “showing increasingly sophisticated autonomy and problem-solving abilities, as well as threat capabilities”.
The Bank of England’s governor, Andrew Bailey, has joined the throng of figures warning about the global risks posed by the most advanced artificial intelligence technology.
This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →
Source: The Guardian · Simon Goodley. Published 31 Aug 2026, 09:00 am.
Most relevant
The founder of The Ringer is taking flak for using artificial intelligence to conjure opinions from the deceased film critic Roger Ebert. Ads from OpenAI have recently run on the show.
Read on The New York Times →
