Urgent.News

What's breaking now, across thousands of outlets.

Business

The 40 Davos gurus warn: beware of AI and data centers

El Foro Económico Mundial prevé una estabilización económica, pero la restricción fiscal, el coste de la vida y la incertidumbre en IA y 'data centers' amenazan el crecimiento. Leer

Translated from Spanish Read in Spanish

The 40 Davos gurus warn: beware of AI and data centers

The World Economic Forum's Chief Economists Outlook report predicts a stabilization of the global economy, but warns that fiscal restraint, rising living costs, and uncertainty around AI and data centers threaten growth. According to the report, 56% of economists surveyed expect a stable or more favorable outlook for the next year, but 97% predict that geopolitical conflicts will be a source of uncertainty.

The report also notes that while 97% of economists expect AI adoption to increase, 79% foresee significant resistance to the expansion of data centers. Additionally, the report suggests that China's large language models will match those of the US within the next 12 months.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

More from Tuesday 22 September →