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Bank alarm over AI amid fears of stock market bubble and cyber attack
The Bank of England has sounded the alarm over a sharp increase in artificial intelligence (AI) risks amid soaring stock markets and cyber attack fears.
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channelnewsasia.com
Bank of England sees growing risks to financial stability from AI
LONDON, July 7 : The Bank of England said on Tuesday that artificial intelligence poses a growing threat to financial stability, as investors bet heavily it will prove a success…
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independent.co.uk
Rapid AI advances increasing financial stability risks, Bank of England warns
The Financial Policy Committee stressed that valuations ‘have also become more stretched’ amid concerns of a potential AI bubble.
