IMF chief warns countries lack AI regulatory and ethical foundations ...Middle East

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Georgieva urged civil society groups to ring the alarm bells about AI risks during Monday’s annual meetings of the International Monetary Fund and World Bank.

The United States holds the lion’s share of AI development and benefits according to the IMF managing director.

Developing countries will find it extremely difficult to catch up with AI leaders Georgieva cautioned.

Georgieva made these remarks during discussions with civil society organizations in Washington.

The annual IMF and World Bank meetings continue addressing critical economic challenges worldwide. – Reuters

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