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Bank of England Warns of Impending AI Disaster

April 14, 2016 | Futurism AI
Bank of England Warns of Impending AI Disaster
Spencer Platt/Getty Images The Bank of England has sounded the alarm, warning of an intensifying risk of a “sudden correction” in global financial markets driven by the spending frenzy on artificial intelligence. As Reuters points out, it’s the institution’s clearest warning yet that we could be on the precipice of an AI disaster. “The risk of a sharp market correction has increased,” said the Bank of England’s financial policy committee during a Wednesday