Bank of England governor warns G20 about AI investment risks
Business · 31 August 2026
Written by AI from multiple news reports
Andrew Bailey, the governor of the Bank of England, has written to G20 finance ministers to warn about risks from artificial intelligence investments.
Bailey said that if the AI investment bubble bursts, the damage could spread to economies around the world. He is particularly worried about investors who have borrowed large amounts of money to invest in AI. If those investments lose value quickly, it could threaten financial stability globally.
He also warned that cyber attacks are another serious risk to the financial system.