Bank of England governor Andrew Bailey cautions G20 nations about advanced AI's potential to disrupt global financial systems across jurisdictions.
Frontier AI models have threat capabilities, says Bailey
Aug 31, 2026
01:03 pm
What's the storyAndrew Bailey, the Governor of the Bank of England, has warned that advanced artificial intelligence (AI) could pose a threat to global financial stability.
In a letter addressed to finance ministers and central bank governors ahead of their meeting in North Carolina this week, Bailey said "frontier" AI models are showing increasingly sophisticated autonomy and problem-solving capabilities.
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