Georgieva warns of the dangers of artificial intelligence to the financial system
The head of the International Monetary Fund, Kristalina Georgieva, warned on Sunday that the global monetary system is unprepared to face the growing risks of artificial intelligence, given the emerging threats to cybersecurity posed by the new "Anthropic" model.Gorgieva's remarks came a day before the start of the IMF and World Bank's annual spring meetings in Washington, and after U.S. regulators held an emergency meeting last week with top bank executives to discuss the new AI model. "We, as a world, do not have the capacity to protect the international monetary system from massive cyber risks," Georgieva told CBS News' "Face the Nation."
“We are very keen to pay more attention to the controls needed to protect financial stability in the world of artificial intelligence,” she added, calling for global cooperation on the matter. “Yes, this is an issue that has been discussed here in the United States, but it is an issue that could easily arise in other parts of the world, and therefore we need everyone’s cooperation,” she explained.
On April 7, Anthropic announced it would restrict the release of its new Mythos model due to the risks posed by its unprecedented ability to identify and exploit vulnerabilities in all major operating systems and browsers.
The company explained that it is working with a consortium of major US companies to test the model, raising concerns among foreign companies that they may not have the opportunity to benefit from crucial preparations to protect their systems.
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