Every Bank of England story collected by The AI Daily, 2 so far, newest first, refreshed hourly.
BOE's Bailey calls for global AI testing standardsBank of England Governor Andrew Bailey urged rigorous pre- and post-release AI model testing standards to protect trust and financial infrastructure, warning that markets may correct by overestimating AI returns.
Bank of England boss: authorities need 'right to intervene' in AIBank of England Governor Andrew Bailey said authorities must retain the right to intervene and set boundaries as frontier AI risks grow, but argued regulation should not be the starting point, urging focus on identifying failures first. The Bank's Financial Policy Committee warned that rising AI debt is increasing financial stability risks.
The A.I. Daily