12 posts in this category
The growing use of artificial intelligence (AI) poses difficult challenges for the financial authorities. AI allows private-sector firms to optimise a…
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Financial institutions are rapidly embracing AI – but at what cost to financial stability? This column argues that AI introduces novel stability risks…
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Financial crises usually inflict the most damage when banks suddenly shift from pursuing profits to survival. This column argues that such drastic beh…
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Artificial intelligence can act to either stabilise the financial system or to increase the frequency and severity of financial crises. This second co…
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The rapid adoption of artificial intelligence is transforming the financial industry. This first of a two-column series argues that AI may either incr…
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Artificial intelligence will both be of considerable help to the financial authorities and bring new challenges. This column argues the authorities ri…
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As artificial intelligence makes inroads into the financial system, it exacerbates existing channels of instability and creates new ones. This column …
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The use of artificial intelligence in the private sector is accelerating, and the financial authorities have no choice but to follow if they are to re…
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Artificial intelligence is expected to be widely used by central banks as it brings considerable cost saving and efficiency benefits. However, as this…
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Artificial intelligence, such as the Bank of England Bot, is set to take over an increasing number of central bank functions. This column argues that …
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Imagine the day when BoB — the Bank of England bot — comes to life, the artificial intelligence engine designed to keep us safe from the evils of the …
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Artificial intelligence is increasingly used to tackle all sorts of problems facing people and societies. This column considers the potential benefits…
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