LONDON, Oct 22 - 英国养老金受托人意识到的AI相关风险可能比实际情况更大，英国养老金监管机构周四表示，并敦促他们质询顾问，了解市场下跌将如何影响其投资组合。
LONDON, Oct 22 - British pension funds could have greater exposure to AI-related risks than trustees realise, Britain's pensions regulator said on Thursday, and urged them to challenge advisers on how a market downturn could affect their portfolios.
在一份声明中，养老金监管机构（TPR）表示，AI正越来越广泛地应用于各个行业，这意味着即使是看似多元化的投资组合也可能存在“隐藏风险”。
In a statement the Pensions Regulator, or TPR, said AI was increasingly embedded across sectors, meaning even an apparently diversified portfolio could have "hidden exposure".
该机构表示，受托人应评估各类资产中的直接和间接AI相关风险，并对投资组合在严重市场压力下的表现进行压力测试。
It said trustees should assess both direct and indirect AI-related exposure across asset classes and stress-test how portfolios would perform under severe market stress.
TPR市场监管执行董事本·冈尼表示，所有养老金计划都必须保持投资治理标准，并在短期、中期和长期管理风险。
Ben Gunnee, executive director of market oversight at the TPR, said all pension schemes must maintain standards of investment governance and manage risk over the short, medium and long term.
“这就是为什么受托人应评估其AI相关风险，测试投资组合的韧性，并立即质询顾问，了解在不同市场条件下市场发展将如何影响其投资，”他在一份声明中表示。
“That is why trustees should assess their AI-related exposure, test portfolio resilience and challenge advisers now to understand how market developments could affect their investments under different market conditions,” he said in a statement.
英国央行在7月的一份报告中也指出，某些AI融资安排缺乏透明度，可能难以识别问题的范围，这意味着高估值AI股票的任何抛售都可能产生非常广泛的影响。
The Bank of England in a report in July also flagged the risk of a lack transparency in some AI funding arrangements may make it hard to identify the extent of the issue, meaning any selloff in highly valued AI stocks could have a very broad impact.
根据斯坦福大学以人为本的人工智能研究所2026年AI指数报告，全球企业对AI相关活动的投资在2025年翻了一番多。
Global corporate investment in AI-related activity more than doubled in 2025, according to the Stanford Institute for Human-Centered Artificial Intelligence's 2026 AI Index Report.