LONDON, Aug 31 — Artificial intelligence could unleash a global economic downturn, the governor of the Bank of England has warned in a letter to governments from around the...

Andrew Bailey also said he felt that so-called second-round effects of inflation in the UK were ‘quite subdued’.

Fed Chair Kevin Warsh warned at Jackson Hole that AI is advancing faster than predicted, with business capex surging 9% and AI lab token sales