BBC
AI could cause global economic downturn, Bank of England chief warns
Monday, August 31, 2026
Andrew Bailey, governor of the Bank of England, stated that artificial intelligence poses risks related to energy volatility amid the US-Iran conflict. Bailey did not provide specific economic projections or timelines in the statement. The Bank of England has not announced policy changes in response to this assessment.
Original reporting: https://www.bbc.co.uk/news/articles/c99dym3prl1o?at_medium=RSS&at_campaign=rss