Corroborated event · 2 outlets
Bank of England governor Andrew Bailey called for a "right to intervene" in the AI industry, warning that the AI boom could trigger market shocks and that rogue models could take the financial system hostage.
AI brief
Bank of England governor Andrew Bailey called for a "right to intervene" in the AI industry amid growing fears that rogue models could take the financial system hostage.
Why it matters: A central bank governor is publicly backing intervention powers over AI out of concern that rogue models could threaten financial stability.
Written by AI from Guardian AI's published text.
More coverage of this story (1)
Bank of England governor calls for 'right to intervene' in AI
Regulating AI 'not the right place to start' says Bailey
BBC Technology · 30 Sept 2026, 10:20
Primary source
“Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostage Business live – latest updates The governor of the Bank of England has called for the “right to intervene” in the AI industry amid growing fears that rogue…”
Interpretation or community commentary rather than straight reporting.
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