OECD sees AI boom offsetting energy shock

The OECD reports that AI investments are helping offset global energy shocks this year. However, rising commodity prices will weigh on growth heading into 2027.

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Visitors stand near a sign of artificial intelligence at an AI robot booth at Security China, an exhibition on public safety and security, in Beijing, China June 7, 2023. REUTERS/Florence Lo

Global economic growth will slow to 2.9% in 2026 as an entrenched energy shock offsets artificial intelligence investments, according to the OECD on Wednesday afternoon. The projection marks a slight upward revision from the 2.8% forecast issued in June. Investors face lingering inflationary pressures and geopolitical risks that threaten to trim growth further by next year.

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