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UK exposed to ‘serious harm’ by failure to tackle AI risks, MPs warn

ai, AI (Artificial Intelligence), Artificial Intelligence, Bank of England, Business, Financial Conduct Authority, Regulators, Technology, UK news

Government, Bank of England and FCA criticised for taking ‘wait-and-see’ approach to AI use in financial sectorConsumers and the UK financial system are being exposed to “serious harm” by the failure of government and the Bank of England to get a grip on the risks posed by artificial intelligence, an influential parliamentary committee has warned.In […]

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‘We could hit a wall’: why trillions of dollars of risk is no guarantee of AI reward

ai, AI (Artificial Intelligence), Alphabet, Amazon, Artificial Intelligence, Bank of England, Business, Computing, Google, Internet, Meta, OpenAI, Stock markets, Technology, Technology sector

Progress of artificial general intelligence could stall, which may lead to a financial crash, says Yoshua Bengio, one of the ‘godfathers’ of modern AIWill the race to artificial general intelligence (AGI) lead us to a land of financial plenty – or will it end in a 2008-style bust? Trillions of dollars rest on the answer.The

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