Andrew Bailey, Governor of the Bank of England, is scheduled to address the Global Investment Summit in Edinburgh, Scotland. He underscored the necessity for the UK to foster an investment-friendly climate and highlighted that economies must secure advancements in "general-purpose technologies" to spur investment and enhance productivity. Using artificial intelligence (AI) as a case in point, he stressed the importance of adopting a pragmatic and open-minded stance when assessing its potential benefits and inherent risks. Furthermore, he encouraged maintaining an optimistic outlook towards the opportunities for investment, innovation, and growth presented by AI.