AI boom fuelling global growth but widening economic divide, IMF warns
As governments and businesses race to capitalise on AI’s economic potential, Georgieva stressed that broader access to the technology will be essential to prevent the next technological revolution from deepening global inequality.
IMF Managing Director Kristalina Georgieva said the global AI boom is increasingly shaping nations’ economic fortunes, with investment in the technology expected to surpass levels seen during earlier transformative infrastructure expansions such as railways, electricity networks and telecommunications.
Artificial intelligence (AI) is rapidly becoming a dominant force in the global economy, but its benefits are concentrating in a small group of countries, prompting the International Monetary Fund (IMF) to warn that the technology boom could widen economic disparities worldwide.
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