The post IMF Chief Georgieva concerned about developing economies falling behind in AI appeared on BitcoinEthereumNews.com.

The IMF Chief Kristalina Georgieva has shared her concerns about developing economies falling behind in the global AI market.  While AI technology promises enormous gains in productivity, efficiency, and innovation, IMF Managing Director Kristalina Georgieva is raising concerns that those benefits may remain concentrated in countries and companies that are already equipped to boost development, causing a problem for developing countries.  IMF chief calls out uneven progress in AI development  International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that countries around the world are unprepared for the accelerating rise of artificial intelligence (AI).  Speaking on Monday during a meeting with civil society groups at the IMF and World Bank Annual Meetings, Georgieva urged global stakeholders to “ring the alarm bells” over the lack of readiness to manage the transformative power of AI. She pointed out major gaps in regulation, ethics, and infrastructure. “The regulatory ethical foundation for AI for our future is still to come into place,” Georgieva said, stressing that the world is “falling shortest” in these areas. Georgieva noted that the rapid technological developments driven by AI are currently dominated by countries with robust economies, particularly the United States, which holds a “lion’s share” of AI capabilities.  China and other upcoming countries have also developed a notable presence in the industry, but developing countries remain far behind due to their limited infrastructure and fewer opportunities to leverage AI’s potential for growth and innovation. She encouraged advocacy groups, NGOs, and community leaders to urge their governments to act before the divide becomes irreversible. “The IMF is quite worried that the gap between advanced economies and low-income countries on readiness for AI is growing,” she said. “It’s making it harder and harder for developing countries to catch up.” Georgieva added that the issue threatens to deepen inequality in…

---

Filed under: News - @ October 14, 2025 5:18 am