Bank of England governor warns AI could trigger global downturn

Bank of England governor Andrew Bailey warned that artificial intelligence could cause a global economic downturn, citing AI's "volatility" and linking it to energy shocks from the US-Iran war, according to a BBC report. Sky separately reported the same warning without the G20 or energy-shock context.

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BBCSky

AI could cause global economic downturn, Bank of England head warns

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2 publishers and 2 source reports documented this archived update.

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BBC Published 31 August 2026

AI could could cause global economic downturn, Andrew Bailey warns G20

Sky Published 31 August 2026

AI could cause global economic downturn, Bank of England head warns

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