We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss

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Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostage Business live – latest updates The governor of the Bank of England has said authorities must retain the “right to intervene” in the AI industry amid growing fears that rogue models could take the financial system hostage. Andrew Bailey said the risks posed by the rapid advancement of frontier AI models – a number of whi…

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