AI agents could trigger market meltdown – Bank of England

Autonomous tech could execute trades without human oversight, increasing the risk of market meltdowns, UK officials warn

AI agents that can make decisions and carry out transactions independently could soon operate across the financial system, the Bank of England has warned, adding that relying on human oversight might no longer be realistic.

Bank of England Deputy Governor Sarah Breeden made the warning at the European Central Bank’s annual forum in Sintra on Tuesday, as leading developers shift from generative AI chatbots to agentic systems.

Unlike generative AI tools such as ChatGPT, Gemini, and Claude, which generate text, images, and code…

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