Heather Stewart
reporter, The Guardian · reporter, The Guardian, in Bangkok
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World Bank says ‘small AI’ could transform developing countries
The Guardian reports from the World Bank and IMF annual meetings in Bangkok that the World Bank's chief knowledge officer urges developing countries to build small, specialised AI models that run on phones. The IMF's managing director warns that young workers face the greatest risk of job loss.
World leaders must wise up to threat of cyber-attacks or rogue fridges will be least of their worries | Heather Stewart
According to the description, Heather Stewart writes in The Guardian that economists, central bankers and finance chiefs meeting in Bangkok discussed the rising cost of cyber-attacks, including a reported hack of French supermarket fridges, and that global cooperation looks unlikely even as AI raises the risk of digital fraud.
Bank of England and IMF bosses warn of cyber threat to trust in financial system
The Guardian reports from Bangkok that Bank of England governor Andrew Bailey and IMF head Kristalina Georgieva warned on a fraud panel that cyber-attacks risk undermining trust in the financial system. Bailey pointed to headlines about self-replicating AI agents hijacking personal devices.
Threat of AI share crash puts world financial stability at risk, says IMF
The Guardian reports that the IMF's Global Financial Stability Report names a fall in AI-company share prices as one of three salient risks to stability, citing high valuations, rising borrowing and circular financing between AI firms.