BoE warns of financial risks from AI-related tech bets

The Bank of England said this week that artificial intelligence poses a growing threat to financial stability, as investors bet heavily it will prove ​a success while the technology increases banks’ vulnerability to cyberattacks.

In a half-yearly assessment of ‌risks to Britain’s financial system, the central bank said previous risks it had identified from stretched share price valuations, high public debt and risky private credit lending to businesses had not gone away....