Global cooperation needed to tackle AI threats, says Bank of England governor

The Bank of England governor said AI-related risks are borderless and require global coordination. He argued that countries must work together to manage potential harms, including misuse of AI systems and weaknesses in governance. The governor emphasized the need for consistent standards, stronger risk assessments, and faster information sharing among regulators. Without collective action, he warned, harmful AI deployments could spread quickly, undermining financial stability and public trust.