Bank of England's Monetary Policy Committee Warns AI Growth Below Expectations Could Threaten Government Bonds
The Bank of England's Monetary Policy Committee has stated that more testing of artificial intelligence models is needed before implementing regulations to ensure their safety and reliability before and after deployment. The committee emphasized that vulnerabilities in cutting-edge AI require financial institutions to prepare for potential risks and maintain communication with UK authorities. If AI growth fails to boost the economy as expected, government bonds will face new threats.
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