Latest Kristalina Georgieva News & Updates

Davos, Jan 21 (IANS) India clearly belongs to the first group of AI nations as AI architecture comprises five layers — application, model, chip, infrastructure, and energy — and we are actively working across all five, Union Minister for Electronics and IT, Ashwini Vaishnaw, has said.Outlining India’s approach to Artificial Intelligence (AI) the minister emphasised large-scale AI diffusion, economic viability, and techno-legal governance, during a panel discussion at the World Economic Foru…

Davos, Jan 21 (IANS) A tsunami is hitting the labour market and jobs are being both enhanced and replaced by artificial intelligence (AI), Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), has said.Speaking at a session during the World Economic Forum (WEF) annual meeting in Davos, she said the world as a whole is already experiencing the arrival of AI, but “I do worry about the accordion of opportunities that are much more present in some places than in others”.”AI…