Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system

The Bank of England’s governor, Andrew Bailey, has joined the throng of figures warning about the global risks posed by the most advanced artificial intelligence technology.

In a two-page letter sent to international finance ministers and central bank governors as part of his role as chair of the international Financial Stability Board (FSB), Bailey said “frontier” AI models were “showing increasingly sophisticated autonomy and problem-solving abilities, as well as threat capabilities”.

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© Photograph: Richard Drew/AP

© Photograph: Richard Drew/AP

© Photograph: Richard Drew/AP

A recap of all the incidents involving LLMs made by Anthropic, Meta, and OpenAI, which went rogue and attacked real companies and individuals on the internet.

Weeks after OpenAI disclosed that one of its cybersecurity models had gone rogue and hacked AI dataset company Hugging Face, Alabama’s attorney general announced an investigation into the incident.

Senator Ron Wyden sent a letter to the U.S. federal watchdog requesting a comprehensive review of how the FBI, DEA, ICE's HSI, and the Secret Service use hacking tools and spyware against Americans.