Andrew Bailey

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Advanced AI threatens global financial stability, says Bank of England boss

Andrew Bailey warns G20 members about risk of cyber-disruption spreading ‘across jurisdictions’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 […]

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Global cooperation needed to tackle AI threats, says Bank of England governor

Andrew Bailey warns that US will not be able to achieve its ambitions aloneThe Bank of England governor has called for international cooperation to tackle growing AI threats, warning that the US and Trump administration would not be able to achieve their ambitions alone.Andrew Bailey’s comments come weeks after the US president, Donald Trump, temporarily

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Bank of England warns on AI scams as deepfakes of Farage-Bailey fight spread

Governor urges public to report fake images posted on X of him and Reform UK leader in fake Question Time clashThe Bank of England has warned the public against falling for AI-generated scams after deepfake videos of Nigel Farage fighting its governor spread online.Andrew Bailey, the head of the BoE, said AI-generated content related to

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