ME AI message: In a speech, Andrew Hauser, Deputy Governor of the Bank of England, said that there are clear difficulties for humans in carrying out real-time oversight of autonomous AI. The key issue right now is whether the existing regulatory framework can sufficiently address the new types of risks posed by AI. He noted that the central bank needs to quickly take financial stability response measures, promptly assess and adjust the regulatory system to prevent potential amplification effects of AI within the financial system and systemic risks. (Source: ME)
