Raimondo Urges Proactive AI Standards Before Crisis Hits Global Economy

Former U.S. Commerce Secretary Gina Raimondo warned at the Bloomberg New Economy Forum in New Delhi that the world faces devastating economic consequences if governments and companies fail to enforce rigorous artificial intelligence safety standards before a crisis forces their hand. Speaking at the October 2026 forum, Raimondo argued that no single nation or company can manage AI's mounting risks in isolation—from model vulnerabilities to autonomous systems governance to labor market disruption—and called for urgent international cooperation to establish shared standards and common safety measures.