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As banks fear AI risks, IMF chief says: Love it, hate it, or fear it, AI is here
Kristalina Georgieva, managing director of the International Monetary Fund, spoke about the significant economic effects of artificial intelligence. She pointed out that AI impacts global wealth and competitive landscapes while being a factor in rising inflation. Additionally, Georgieva highlighted the pressures from escalating energy prices and infrastructure needs, urging for stringent regulations to ensure…