Bank of Japan governor Kazuo Ueda flags AI as a threat to financial stability

Kazuo Ueda, Governor of the Bank of Japan (BoJ), has warned that artificial intelligence (AI) poses a serious threat to financial stability. Speaking at the Europlace Financial Forum in Tokyo, Ueda zeroed in on how fast-moving technological developments, including AI, could disrupt economic systems and amplify risks. His comments carried weight, especially with Japan scrambling

Source: Cryptopolitan