Global Economy in Tug-of-War Between Oil Shock and AI Boom: IMF Chief
4 Articles
4 Articles
Global economy in tug-of-war between oil shock and AI boom: IMF chief
What started out as a U.S. phenomenon with AI is now becoming a growth engine for the global economy, with other countries ramping up construction of data centres and other infrastructure, Kristalina Georgieva said
The global economy is caught in a "arm of arms" between the positive impact of investments in artificial intelligence (AI) on the one hand and the negative effects of the repeated shocks on the other, IMF boss Kristalina Georgieva estimated on Tuesday.
Global economy in tug-of-war between oil shock and AI boom: IMF chief - OrissaPOST
Washington: The global economy has weathered the oil shock caused by the closure of the Strait of Hormuz “better than feared” due to various factors, including an investment boom in artificial intelligence, IMF Managing Director Kristalina Georgieva has said. “What started out as a US phenomenon with AI is now becoming a growth engine for the global economy, with other countries ramping up construction of data centres and other infrastructure,” …
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