ECB’s Lagarde says AI could trigger financial crises and calls for Cold War-style non-proliferation governance
TL;DR Lagarde warned AI could trigger financial crises worse than job losses. She wants global AI governance like nuclear non-proliferation treaties. 109 banks stress-tested. ECB President Christine Lagarde warned on Wednesday that artificial intelligence could trigger dangerous financial crises and called for global AI governance modelled on the Cold War-era…
bubmagJune 18, 2026