BREAKING 🚨
The Bank of England is exploring measures to prevent AI trading models from triggering market meltdowns.
Circuit breakers or kill switches are being considered to stop faulty AI models.
Deputy Governor Sarah Breeden warned that AI traders could amplify volatility if bots herd into the same trades during stressed markets, posing a significant risk 🚨.
Stay tuned for updates ⚡️.
$RIF, $SYN, $CAP
The Bank of England is exploring measures to prevent AI trading models from triggering market meltdowns.
Circuit breakers or kill switches are being considered to stop faulty AI models.
Deputy Governor Sarah Breeden warned that AI traders could amplify volatility if bots herd into the same trades during stressed markets, posing a significant risk 🚨.
Stay tuned for updates ⚡️.
$RIF, $SYN, $CAP