Bailey Says AI Regulation Is Not the Right Starting Point as BOE Flags Market Risks
Bank of England Governor Andrew Bailey said regulating artificial intelligence is “not the right place to start,” arguing that policymakers should first understand how the technology is being used before rushing to impose rules. His remarks came as the central bank warned that an AI-driven surge in asset prices could leave global markets vulnerable to a sharp correction, with spillovers into equities, government bonds and broader financial stability.
