IMF chief warns advanced AI models like Mythos “can be used to destroy the financial system”
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IMF Managing Director Kristalina Georgieva warned that advanced AI models like Anthropic's Mythos 'can be used to destroy the financial system' if misused. Speaking in Brussels during the IMF's eurozone assessment, she highlighted that frontier AI's ability to identify cybersecurity vulnerabilities at unprecedented speed and scale could be weaponized. She called for global cybersecurity cooperation between rich and poor nations and public-private sectors, noting the absence of a world cybersecurity organization. Georgieva also flagged the risk of the AI investment boom turning into a bust — a low-probability but very high-impact scenario — as Big Tech's 2026 AI capital commitments exceed $700 billion. She urged countries to budget for AI-related cybersecurity patching and maintain fiscal space for it.
