IMF chief says AI investment is helping keep growth near 3%
In Bangkok on October 12, IMF chief Kristalina Georgieva said spending on AI infrastructure was helping keep global growth near 3%. Reuters reports that she estimated AI could add 0.5 to 1 percentage point to growth in advanced Asian economies. She estimated that emerging Asian economies could gain 0.2 to 0.8 percentage point.
Verified 12:21 AM PDT · 1 original sources
Georgieva's ranges estimate how much AI could add to growth. They are not total growth rates or measured gains caused by AI. Spending more on infrastructure also does not show that the finished systems will earn enough to cover their cost.
National output data would show whether growth matches Georgieva's estimates. Investment returns would show whether the infrastructure pays for itself. Suppliers can get more orders before buyers know whether their AI projects will make money.
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- Reuters via MarketScreenerIMF says AI investment keeps global growth around 3%, with major Asia benefits ↗
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