Key Takeaway
Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostageBusiness live – latest updatesThe 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…
Published September 30, 2026 · Category: News
Overview
Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostage
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.
Details
Andrew Bailey said the risks posed by the rapid advancement of frontier AI models – a number of which have gone rogue in recent months – were “real and increasingly significant” and reduced the ability of society to supervise and intervene when things went wrong.
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Source
Originally published at www.theguardian.com.
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What is "We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss" about?+
Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostageBusiness live – latest updatesThe 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 which have gone rogue in recent months – were “real and increasingly significant” and r
Who reported this story?+
This story was reported by The Guardian World.