IMF says AI is helping the global economy weather war impacts
Despite investors’ concerns of a bubble, frontier labs remain steadfast on the market’s potential.
The International Monetary Fund (IMF) has highlighted how the artificial intelligence (AI) boom is helping the global economy cope with the impacts of the ongoing war in the Middle East and its effect on trade. The conflict has led to a slight reduction in the IMF's 2026 global growth forecast by 0.5 percentage points. However, massive AI spending worldwide has helped mitigate these effects.
Despite concerns about a potential AI bubble, prominent AI labs remain optimistic about the market's potential. Anthropic recently revised its estimate for AI's total addressable market to $30 trillion, which is comparable to the size of the US economy. This AI-driven growth has also led to increased IPO activity, with Chinese AI company DeepSeek reportedly planning a 2027 debut.
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