December 6, 2023 at 01:12PM
In 2023, the Bank of England plans to review the potential risks artificial intelligence and machine learning may present to the financial stability of the UK.
Meeting Takeaways:
1. The Bank of England has scheduled an assessment for next year.
2. The focus of the assessment will be on the risks posed by artificial intelligence (AI) and machine learning.
3. The review will pertain specifically to how AI impacts UK financial stability.
4. The information originated from SecurityWeek, where it was posted under the title “Bank of England Will Review the Risks That AI Poses to UK Financial Stability.”