Bank of England Governor warns AI could trigger a shock in financial markets
2026-10-01 12:13:44
According to CoinMeta, Bank of England Governor Andrew Bailey warned that artificial intelligence could trigger shocks in financial markets, and the UK needs to be prepared for this. The Bank of England is "very closely" monitoring the huge amounts of capital being invested in the AI sector. He stated that at some point in the future, asset prices may experience a certain degree of correction. Bailey believes that this technology has great potential to boost economic growth, but it also comes with significant risks, so it is essential to fully understand both aspects. He pointed out that currently, every company is considered a winner in terms of pricing, but not everyone will be a winner in the long run. Bailey also mentioned that a major potential benefit of AI is that it can speed up the work supporting the Monetary Policy Committee, which is a positive development.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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