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Autonomous AI agents risk causing “market meltdown” and may need tighter regulation, Bank of England Deputy Governor Sarah Breeden warns

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Bloomberg

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"We expect AI will be the next general-purpose technology to drive growth around the world." Deputy Governor Sarah Breeden says the Bank of England is focussed on the debt needed to finance AI infrastructure, telling Francine Lacqua the path to repay it remains uncertain
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"We expect AI will be the next general-purpose technology to drive growth around the world." Deputy Governor Sarah Breeden says the Bank of England is focussed on the debt needed to finance AI infrastructure, telling Francine Lacqua the path to repay it remains uncertain

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Bank of England Governor Andrew Bailey warns that the fallout from an AI bubble bursting would reach the UK economy and could prompt a response in interest rates
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Bank of England governor Andrew Bailey tells Sky's Paul Kelso he is 'shocked' about Peter Mandelson allegedly sharing market-sensitive information with Jeffrey Epstein. Mandelson has since quit the House of Lords and resigned from the Labour Party. 🔗
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Bank of England governor Andrew Bailey tells Sky's Paul Kelso he is 'shocked' about Peter Mandelson allegedly sharing market-sensitive information with Jeffrey Epstein. Mandelson has since quit the House of Lords and resigned from the Labour Party. 🔗

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Have you seen adverts of Nigel Farage fighting the Bank of England governor, Andrew Bailey? So has The Times's James Marriott, who fears what AI is doing to our politics. "It's kind of halfway between fake news and halfway very internet trolling." James Marriott

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My open letter to Gov Gavin Newsom on CA’s #SB1047: the AI regulation we need to get ahead of the risks. Governor, you can make history. Join SAG-AFTRA, Accountable Tech, nationalnow, Latino Community Fdn, @EncodeJustice—and me. Let’s lead the way in responsible AI.

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