The GuardianUK News & Comment• 1 min read

AI could cause global economic downturn, Bank of England governor tells G20

Published 31 August 2026, 7:00am

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…

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