AI could cause global economic downturn, Bank of England chief warns
The Bank of England's governor has cautioned that artificial intelligence could trigger a global economic downturn, citing concerns about AI's volatility and its vulnerability to energy shocks. These risks have been amplified by geopolitical tensions, specifically the US-Iran conflict, which threatens energy supplies critical to AI infrastructure.
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AI could cause global economic downturn, Bank of England chief warns
The Bank of England's governor has cautioned that artificial intelligence could trigger a global economic downturn, citing concerns about AI's volatility and its vulnerability to energy shocks. These risks have been amplified by geopolitical tensions, specifically the US-Iran conflict, which threatens energy supplies critical to AI infrastructure.
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