Concern grows over programs deployed to act with autonomy that may ‘exploit weaknesses’
Business live – latest updates
Increasingly 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 financial policy committee (FPC), which has been monitoring the City’s growing use of the technology.
About Author
More Stories
Scientists record seismic tremors from title-clinching Liverpool win over Spurs
Forget Swedish death cleaning, letting go is hard – even when it’s just a jacket | Nova Weetman
Tech oligarchs are gambling our future on a fantasy | Adam Becker