IMF chief says AI risks may exceed opportunities without safeguards and ethical framework

International Monetary Fund Managing Director Kristalina Georgieva stated on Friday that the risks associated with artificial intelligence could outweigh its potential benefits if robust safeguards and ethical frameworks are not established. Speaking in Bangkok, Georgieva emphasized the necessity of combining industry self-regulation with oversight from national governments to manage the technology's integration into the global economy.

While acknowledging that AI is already contributing to economic growth, Georgieva warned that the technology could trigger significant economic shocks if productivity gains fail to meet projections. The remarks highlight the IMF's focus on balancing technological advancement with the mitigation of systemic economic instability.