IMF says AI investment keeps global growth around 3%, with major Asia benefits
Georgieva said AI spending is lifting advanced Asian growth by up to 1 percentage point while the IMF warns 40% of jobs could be affected.
- The International Monetary Fund and World Bank annual meetings opened today in BANGKOK, Thailand, with some 18,000 participants gathered to address global economic growth and artificial intelligence.
- Strong investment in AI infrastructure is keeping global growth at around 3%, International Monetary Fund Managing Director Kristalina Georgieva said, describing the boom as a "demand shock, an investment shock."
- Calling AI a "slow-moving tsunami," Georgieva warned the technology could augment, downgrade, or eliminate 40% of jobs, while noting it is "transformative" and changes how we live.
- President Tharman Shanmugaratnam warned that AI reduces job opportunities for graduates, creating a "new divergence" between economies, while some officials including Treasury Secretary Scott Bessent skip the meetings.
- While the IMF prepares an updated outlook, World Bank President Ajay Banga highlighted the development bank's use of "small AI" to drive productivity gains in emerging markets.
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103 Articles
AI fuelling growth while putting Asia’s young workers at risk, IMF meeting hears
An investment surge into artificial intelligence may be helping prop up a global economy battered by energy supply shocks, but the technology’s potential to cull jobs requires swift mitigation if Asia’s youth are to secure a place in the future workforce, delegates were warned at the IMF–World Bank annual meetings in Bangkok on Monday. Soaring energy prices, persistent inflation and mounting debt framed the opening of the week-long summit, which…
The Director-General of the International Monetary Fund, Kristalina Georgieva, spoke of a "demand and investment shock" linked to the IA. And, from the point of view of the labour market, a "slow-down tsunami" that will impact on 40% of jobs
The boom in investment needed for artificial intelligence is keeping global growth at around 3%, despite the energy shock and geopolitical risk. (ANSA)
According to the IMF, the world economy will continue to grow at around three percent. An important reason is therefore high investment in AI. However, not all countries should benefit equally.
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IMF Says AI Investment Is Helping Sustain Global Growth at 3%
Investment in artificial intelligence infrastructure is helping support global economic growth at around 3% in 2026, according to the International Monetary Fund. Asian economies involved in producing AI hardware could see significant gains, while policymakers warn that the technology may disrupt employment and deepen economic inequalities.
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