The true disruptive effects of artificial intelligence on the economy and financial markets may not become apparent until there's a downturn, which could spiral into a full-blown crisis unless the risks of AI are addressed, the IMF's second-in-command warned recently.
During a speech at an AI summit in Switzerland on May 30, IMF First Deputy Managing Director Gita Gopinath said discussion about AI's risks has largely focused on privacy, security, and misinformation. But much less talked about is the risk of AI amplifying the next recession.
