IMF Managing Director Kristalina Georgieva said Monday in Bangkok that AI investment is keeping global growth near 3% despite an energy shock. She called AI a slow-moving tsunami that will eventually touch about 40% of jobs worldwide and nearly 60% in advanced economies, with young workers hit first. Asian economies (Taiwan, South Korea, Thailand, Malaysia) are the biggest winners, having beaten the IMF’s first-quarter growth forecasts by an average of 4.4% annualized, with South Korea growing at 7.5% versus the 1.8% projected in April. The IMF will release its full World Economic Outlook on October 13, its first revision to the 3% global growth forecast since July.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
