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Davos day one: Zelenskiy, von der Leyen and Li Qiang to address WEF amid economic uncertainty – business live


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Rolling coverage of the opening day of the World Economic Forum in Davos

Geopolitical tensions and AI dominate start of World Economic Forum

Governments need to “wake up” to the risks of artificial intelligence and disinformation, the boss of the International Monetary Fund has warned.

Kristalina Georgieva, managing director of the IMF, said AI poses big risks to financial stability and could also stoke inequality unless regulation catches up.

“Artificial intelligence can lead to manipulation of data… for companies and countries in a way that we have not seen so far.

“It means that governments have to wake up and take this very seriously. At the moment I don’t think that they do.”

“If you are lucky [this means] enhance productivity, [your job is] more enjoyable and very likely better paid.”

Continue reading…Rolling coverage of the opening day of the World Economic Forum in DavosGeopolitical tensions and AI dominate start of World Economic ForumGovernments need to “wake up” to the risks of artificial intelligence and disinformation, the boss of the International Monetary Fund has warned.Kristalina Georgieva, managing director of the IMF, said AI poses big risks to financial stability and could also stoke inequality unless regulation catches up.“Artificial intelligence can lead to manipulation of data… for companies and countries in a way that we have not seen so far.“It means that governments have to wake up and take this very seriously. At the moment I don’t think that they do.”“If you are lucky [this means] enhance productivity, [your job is] more enjoyable and very likely better paid.” Continue reading…