AI to boost global GDP by 0.5% annually: IMF - TechCentral

According to the IMF, the economic gains generated by artificial intelligence are expected to exceed the costs of increasing carbon emissions.

AI's economic gains to outweigh its climate toll: IMF

Artificial intelligence technologies will boost global output by 0.5 per cent a year to 2030, far outweighing the costs of rising carbon emissions from the power-hungry data centres running the models, the International Monetary Fund says. In a report released Tuesday, IMF researchers claim the AI boom will “cause manageable but varying increases in energy prices and emissions” depending on policies and infrastructure. Under current energy polic…

The International Monetary Fund (IMF) said Tuesday that the economic gains from artificial intelligence (AI) will exceed the costs of carbon emissions from data centres used to execute the models of this technology, also succeeding in boosting global production. The IMF detailed that this momentum will be reflected annually between 2025 and 2030, with growth of about 0.5 per cent. Despite the challenges related to rising electricity prices and g…

AI economic gains likely to outweigh emissions cost, says IMF

Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday. An IMF report released at its annual spring meeting in Washington nonetheless noted that […] The post AI economic gains likely to outweigh emissions cost, says IMF appeared first on OODAloop.

AI to boost global GDP by 0.5% annually: IMF - TechCentral

Economic gains from AI will boost global output by around 0.5%/year between 2025 and 2030, the IMF said.