IMF Managing Director Kristalina Georgieva called for guardrails on artificial intelligence at a meeting of financial leaders in Bangkok. Speaking at the IMF and World Bank annual meetings in Bangkok, Georgieva likened the rapid advancement of AI to a Formula 1 race car.
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Well, we got a full house. A big question is how there could be guardrails on something that is moving so rapidly. I was trying to think of what is a good analogy of what is going on, and it may be a Formula One race. We are racing, and the question is how do we put barriers so if a car was to fly out, it doesn't kill people? How do we make sure that there is some safety standard that makes you take the turns more carefully so we don't have more crashes? This is not being yet done, and I have high respect for the industry. I think what you're doing is incredibly important for humanity. You may give us the biggest gift, but if the car runs over people, that gift may not be so worthwhile. So at the far end, Aisha Hana, the co-founder...
I don't think there is any way for governments to regulate technology that is changing so rapidly because we just don't — governments don't know enough. So that notion of having the business engaged to self-regulate in this case is appropriate. What we need, however, is more than just the people, the creators. We need to have an engagement system that puts more responsibility on the whole of society.
So, so you're a good barometer of the economy. Yes, generally we are. Right. The managing director, you know, open trade has had huge benefits, you know, raised millions of people out of poverty globally, has benefited all our citizens, but some people have lost, and without a system to help them cope with the loss, you get a backlash, and now you've got rising trade tensions, and you know that's hurting everybody. You know, it's the same thing in technology. There will be winners and losers. You have to find a way, but in aggregate there is an overall benefit, but you have to find a way to help the losers. And okay, Governor M from the...
It should be led by the nations that are the creators' nations, the producers of AI. We currently have two large producers of AI, US and China. I would add to this India. India doesn't go in the large models the way US and China go, but India is incredibly important in the smaller models. So those that are producing, and then we have a set of nations that are integrated because they are the suppliers of chips and this and that. So that group of countries has the responsibility to bring the business community and then put the guardrails.
Haven't raised our rates yet. We've been looking through the...
Well, we got a full house. A big question is how there could be guardrails on something that is moving so rapidly. I was trying to think of what is a good analogy of what is going on, and it may be a Formula One race. We are racing, and the question is how do we put barriers so if a car was to fly out, it doesn't kill people. How do we make sure that there is some safety standard that makes you take the turns more carefully so we don't have more crashes? This is not being yet done. And I have high respect for the industry. I think what you're doing is incredibly important for humanity. You may give us the biggest gift, but if the car runs over people, that gift may not be so worthwhile. So at the far end, Aisha Hana, the co-founder...
I don't think there is any way for governments to regulate technology that is changing so rapidly because we just don't — governments don't know enough. So that notion of having the business engaged to self-regulate in this case is appropriate. What we need, however, is more than just the people, the creators. We need to have an engagement system that puts more responsibility on the whole of society.
So, so you're a good barometer of the economy. Yes, generally we are. Right. The managing director, you know, open trade has had huge benefits, you know, raised millions of people out of poverty globally, has benefited all our citizens, but some people have lost, and without a system to help them cope with the loss, you get a backlash, and now you've got rising trade tensions, and you know that's hurting everybody. You know, it's the same thing in technology. There will be winners and losers. You have to find a way, but in aggregate, there is an overall benefit, but you have to find a way to help the losers. And okay, Governor M from the...
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Georgieva, K. (2026, October 16). IMF Chief Kristalina Georgieva Calls For AI industry To Self-Regulate and Impose Global Guardrails [Interview transcript]. MIRROR NOW. CEOInterviews.AI. https://ceointerviews.ai/interview/3071637/
MLA
Kristalina Georgieva. "IMF Chief Kristalina Georgieva Calls For AI industry To Self-Regulate and Impose Global Guardrails." MIRROR NOW, 16 Oct. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/3071637/.
BibTeX
@misc{georgieva2026_3071637,
author = {Kristalina Georgieva},
title = {IMF Chief Kristalina Georgieva Calls For AI industry To Self-Regulate and Impose Global Guardrails},
howpublished = {Interview transcript, MIRROR NOW. CEOInterviews.AI},
year = {2026},
month = {oct},
url = {https://ceointerviews.ai/interview/3071637/},
note = {Speaker-attributed transcript with timestamps}
}
