Artificial Intelligence Could Bring Prosperity or Chaos, IMF Warns

Report Summary

IMF Managing Director Kristalina Georgieva urged governments to accelerate AI preparations, emphasizing both the technology's potential for prosperity and its serious risks to economies, jobs, and financial systems. She highlighted rising AI-driven cyber threats, shrinking vulnerability response times, and the need for global cooperation to strengthen cyber resilience and regulatory oversight. Policymakers must ensure AI benefits are shared widely while addressing challenges such as youth unemployment and tax revenue erosion.