The head of the International Monetary Fund: the threats and risks of artificial intelligence are increasing

Artificial intelligence technology became one of the main topics of discussion at the annual meetings of the International Monetary Fund and the World Bank held in Bangkok this week. The International Monetary Fund has previously warned about the significant risks this technology poses to economic growth and financial stability.

The CEO of the International Monetary Fund, warning about the consequences of the spread of artificial intelligence, stated that in the absence of proper regulatory mechanisms and ethical framework, the risks of this technology may exceed its opportunities.

According to Ambassador Arjan, Kristalina Georgieva, CEO of the International Monetary Fund, on Friday, while supporting a hybrid approach including industry self-regulation and the participation of key governments, said that the risks of artificial intelligence may exceed its opportunities if sufficient regulatory mechanisms and an appropriate ethical framework are not established.

Artificial intelligence technology became one of the main topics of discussion at the annual meetings of the International Monetary Fund and the World Bank held in Bangkok this week. The International Monetary Fund has previously warned about the significant risks this technology poses to economic growth and financial stability.

During a panel discussion with Jack Clark, one of the founders of Anthropic, Georgieva said that artificial intelligence is currently helping to boost the global economy, but if it does not lead to a significant increase in productivity in the expected time, it may also bring negative economic shocks.

He emphasized: "If there are no protection mechanisms, the risks may exceed the opportunities. "Most importantly, we need a moral foundation, and I'm not sure we've gotten there yet as a society."

Georgieva said that in order for people around the world to benefit from this new and rapidly evolving technology, certain prerequisites must be in place. Access to digital infrastructure, having electricity and developing appropriate regulations are among these requirements.