TL;DRPM Carney says the Anthropic model ban shows the risk of AI over-reliance, comparing it to 2008’s systemic bank linkages ahead of the G7.

Canadian Prime Minister Mark Carney said Sunday that the US export ban that forced Anthropic to shut down Fable 5 and Mythos 5 demonstrates the danger of depending on a small number of powerful AI models. Speaking to reporters during a visit to Ireland, Carney framed the suspension as a warning about systemic vulnerability rather than a failure by any single company.

“The situation we’re in collectively right now with Mythos and Fable is something that can happen with over-reliance on certain models,” Carney said. “Nobody’s done anything wrong in this situation, but we will have done something wrong if we just accept this, don’t take the lesson, don’t build out and diversify.”

The former central banker then drew a direct parallel to the 2008 financial crisis. Carney, who led both the Bank of Canada and the Bank of England before entering politics, said “we have similar things in terms of model risk” and called for redundancy and diversity in AI infrastructure, the same principles regulators imposed on the banking system after the collapse of Lehman Brothers.