AI Summary

The Governor of the Bank of England, Andrew Bailey, wrote his first Substack article to comment on artificial intelligence. He said that regulating AI “is not the right place to start” and urged a focus on rigorous testing to uncover vulnerabilities. Bailey warned that the risks around AI are “real and increasingly significant.” He called for the creation of safeguards to contain those risks. The article was published on 30 September 2026.

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