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IMF says AI investment keeps global growth around 3%, with major Asia benefits

IMF Managing Director Kristalina Georgieva stated that strong investment in AI infrastructure is maintaining global growth at approximately 3%, with significant benefits for Asian economies that contribute hardware, such as Thailand. Georgieva explained that the AI investment surge is both a demand shock and an investment shock that could boost growth in advanced regional economies by half to one percentage point, and in emerging Asian economies by 0.2 to 0.8 percentage points.

Despite facing challenges like energy supply shocks, this technological shift propels the world economy to grow at around 3% annually. Georgieva emphasized this during IMF and World Bank annual meetings in Bangkok.

Written by urgent.news from Channel News Asia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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