IMF Says AI Boosts Growth But Disrupts Jobs
The International Monetary Fund reports that artificial intelligence investments are sustaining global economic growth at around 3 percent. However, officials warn the technology could significantly disrupt labor markets worldwide.
Global economic growth is holding at 3% due to artificial intelligence infrastructure investment, though it risks widespread labor market disruption, IMF Managing Director Kristalina Georgieva said on Monday. The boom is fueling a demand and investment shock across advanced and emerging markets. Global leaders gathered in Thailand for the annual meetings to weigh technological gains against geopolitical pressures.
