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AI News from ET - IMF warns of 'inevitable' AI-powered threats to global financial system

Vishwadeep Khatri
in AI News & Two Lenses

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The International Monetary Fund has issued a stark warning about advanced artificial intelligence tools powering cyberattacks. These attacks pose significant risks to global financial stability. The IMF emphasizes the need for greater international cooperation to address these emerging threats. The interconnected nature of finance makes it vulnerable. Emerging economies may face disproportionate exposure due to weaker defenses.

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