Andrew Bailey, Governor of the Bank of England, has rebutted fears that AI will lead to widespread unemployment.

"I'm an economic historian, before I became a central banker. Economies adapt, jobs adapt, and we learn to work with it. And I think, you get a better result by people with machines than with machines on their own," Bailey told the BBC.

Bailey's comments come as the latest economic assessment shows that UK businesses investing in AI are expected to see gains...