09-04-2025 17:55 via theguardian.com

Bank of England says AI software could create market crisis for profit

Concern grows over programs deployed to act with autonomy that may ‘exploit weaknesses’Business live – latest updatesIncreasingly autonomous AI programs could end up manipulating markets and intentionally creating crises in order to boost profits for banks and traders, the Bank of England has warned.Artificial intelligence’s ability to “exploit profit-making opportunities” was among a wide range of risks cited in a report by the Bank of England’s financi
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