Economy: IMF Chief: AI Boom Supports World Economy - Asia Can Benefit
According to the IMF, the global economy will continue to grow by around three percent. An important reason for this is high investments in AI. However, not all countries are likely to benefit equally.
The International Monetary Fund (IMF) expects the global economy to grow by around 3 percent. According to IMF chief Kristalina Georgiewa, high investments in artificial intelligence (AI) infrastructure are a key driver of this growth. Asian economies such as China, India, and Thailand are likely to benefit, particularly those that supply the necessary hardware alongside the US.
The AI boom could increase growth in developed Asian economies by 0.5 to 1 percentage point and in emerging economies by 0.2 to 0.8 percentage points. The IMF will release new forecasts for the global economy and key countries on Tuesday.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
