PANews|Oct 01, 2026 04:12
[Bank of England Governor Warns AI May Trigger Financial Market Shocks]
According to Sina Finance, Bank of England Governor Bailey has warned that artificial intelligence could trigger financial market shocks, and the UK needs to be prepared for this. The Bank of England is monitoring the massive investments in the AI sector "very closely." When asked whether he believes the AI bubble might burst, Bailey stated: "At some point in the future, asset prices may experience a certain degree of correction." He believes this technology "has enormous potential to enhance our economic growth, but it also comes with significant risks, so we must fully understand both aspects." Bailey remarked: "Currently, every company is being viewed as a winner in terms of valuation, but not everyone will actually be a winner.
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