AI introduces novel risks to financial stability, as noted by the Bank for International Settlements.
1 report, 1 independent
Updated Jan 1
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What happened
AI introduces novel risks to financial stability, as noted by the Bank for International Settlements.
Who's involved
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The entities involved
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Bank for International Settlements
international financial institution owned by central banks
Related events
- The Bank for International Settlements warned of international recession risks driven by the current AI boom, involving major tech companies.
- Sarah Breeden warns that AI agents pose a risk of market meltdowns, discussed by the Bank of England and BIS.
- Near-record public debt is creating a nexus between fiscal and financial stability.
- BIS monitors the capacity of the US financial system.