Managing director of the International Monetary Fund (IMF), Kristalina Georgieva, has werned that the global monetary system is not yet prepared to handle artificial intelligence (AI)’s rapidly escalating risks, as a new Anthropic model raises urgent cybersecurity concerns.
Georgieva’s statement came a day before the IMF and World Bank kicked off their annual spring meetings in Washington. Recall that United States regulators barely two week ago convened an emergency meeting with top bank chiefs over the new AI model.
“We don’t have the ability to – us as a world – protect the international monetary system against massive cyber risks,” Georgieva told CBS News’ ‘Face the Nation’ programme. “We are very keen to see more attention to the guardrails that are necessary to protect financial stability in a world of AI.
“Yes, this is an issue that has been addressed here in the United States, but it is an issue that easily can present itself in other parts of the world, and that is why we need people to cooperate,” she said, calling for global collaboration on the issue.
Anthropic announced on April 7 that it was limiting the release of its new “Mythos” model over risks posed by its unprecedented ability to rapidly identify security vulnerabilities.
The company said it was working with a consortium of major US firms to test the model, raising concerns that foreign companies may miss out on vital safety preparations.
