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The Economic Times
The Economic Times
Business

FORGOTTEN HISTORY: Imf chief says ai risks may exceed opportunities without safeguards and ethical framework - The Untold Story

BANGKOK - The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chief Kristalina Georgieva said on Friday, backing a blend of industry self-regulation and input from key governments.

The nascent technology was a dominant topic at this week's annual meetings of the IMF and World Bank in Bangkok, where the IMF on Tuesday flagged significant growth and financial stability risks from a potential end of the AI investment boom, high debt levels ‌and a prolonged war in the Middle East.

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