aceAdvanced AI threatens global financial stability, says Bank of England boss
The Bank of England’s governor, Andrew Bailey, has joined the throng of figures warning about the global risks posed by the most advanced artificial intelligence technology. In a two-page letter sent to international finance ministers and central bank governors as part of his role as chair of the international Financial Stability Board (FSB), Bailey said “frontier” AI models were “showing increasingly sophisticated autonomy and problem-solving abilities, as well as threat capabilities”. He said the models risked…
Frontier AI models with growing autonomy and threat capabilities could materially alter cyber-risk and destabilize the highly interconnected global financial system.
Evidence
- Peer-reviewedConnections: The Quarterly Journal2025-01-01
- JournalismThe Guardian2026-08-31
How should this claim be treated?
Truvace Impact Record TRV-2026-0929, v2: “Advanced AI threatens global financial stability, says Bank of England boss.” Truvace, 2026-10-16. /record/TRV-2026-0929 (accessed at citation time). sha256 e34ad0ed2c45de84…
Calibration history
Every change to this record since certification, in the open.
Source set updated
Certified into the record
How to verify without trusting this page
Fetch the canonical text of any version from /api/record/TRV-2026-0929 and hash it yourself — for example shasum -a 256 on the saved canonical field. The result must equal content_hash, and each version’s text ends with prev:followed by the prior version’s hash (version 1 chains to 64 zeros). If a single character of any version had been altered since certification, the chain would not reproduce.