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financial policy committee

  • Bailey calls for greater AI testing as risks to economy rise

    Economics

    Andrew Bailey has called on governments to ramp up testing on frontier AI models before they are launched to the public, warning that advanced artificial intelligence posed sophisticated threats to the banking, markets and payments systems. In the first of a series of letters on the fledgling technology, the governor of the Bank of England [...]

    Andrew Bailey, Bank of England governor, discusses economic policy during a press conference at the central bank headquart...

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