IMF-World Bank meetings focus on global risks and potential benefits of AI

BANGKOK (AP) — Guardrails are urgently needed to contain potential risks from the boom in artificial intelligence, the head of the International Monetary Fund said Friday, likening the technology to a Formula 1 race car that might go off the track and run people over.“We are racing, and the question is how do we put barriers? So if a car was to fly out it doesn’t kill people,” IMF Managing Director Kristalina Georgieva said.“I have high respect for the industry. I think what you’re doing is incredibly important for humanity. You may give us the biggest gift, but if the car runs over people, that gift may not be so worthwhile,” she said while speaking on a panel on the impact of AI on the world economy along with experts including Anthropic co-founder and head of policy Jack Clark.Clark is among technology industry leaders pushing for faster action on regulating AI. In a blog post last month, the rival to OpenAI proposed that the world’s top artificial intelligence companies come up wit