New AI models threaten world economy, warns BaileyPhoto by Geancarlo Peruzzolo on Pexels
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New AI models threaten world economy, warns Bailey

Euronews Portugal31 August 2026 at 16:32

Bank of England Governor Bailey warned that new artificial intelligence models represent a threat to the world economy. The warning was made through an article written by Bailey.

Authorities must strengthen cybersecurity and implement stricter prevention measures. These actions are necessary to correct existing vulnerabilities in systems.

According to Bailey, these vulnerabilities could seriously affect the world economy. The alert comes in a context of growing concern about the risks associated with the rapid development of artificial intelligence.

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