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We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss

Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostage Business live – latest updates The governor of the Bank of England has called for the “right to intervene” in the AI industry amid growing fears that rogue models could take the financial system hostage. Andrew Bailey said the risks posed by frontier AI models – a number of which have gone rogue in recent months – were “real and increasingly significant”. Meanwhile, it was becoming harder for the…

Where: Australia

Exact coordinates

australia: -25.270, 133.780

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What might happen next? AI-generated

These scenarios are written by an AI language model from the headline and summary above. They are not predictions from the newsroom, and they are not evidence of anything. Every one is given a deadline and checked against later coverage, and the score is published on the ledger — including the ones that miss.

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