Low-income countries that rely on imported energy and remain outside the artificial intelligence (AI) value chain risk falling further behind as the technology boom increasingly supports global economic growth, the International Monetary Fund (IMF) has warned.
Speaking at the closing press briefing of the IMF-World Bank Annual Meetings in Bangkok yesterday, IMF Managing Director Kristalina Georgieva said discussions were marked by both optimism and concern.
“There is no room for complacency,” said Mohammed Aljadaan, chair of the International Monetary and Financial Committee (IMFC) and Saudi Arabia’s finance minister.
Georgieva said the AI boom was a major source of support for the global economy but warned that relying on a single growth driver could be risky.
“It’s like we stand on one leg,” she said, stressing the need for safeguards to protect people and businesses.
She…
