IMF: AI Investment Supports Global Economic Growth at Around 3%, Asian Economies Reap Significant Dividends

Deep News10-12 14:40

International Monetary Fund (IMF) Managing Director Kristalina Georgieva stated that large-scale investment in artificial intelligence infrastructure is helping to keep global economic growth at around 3%; Asian economies such as Thailand that supply related hardware products will gain enormous benefits from this.

She described the current artificial intelligence investment boom as a demand shock and investment shock, which is expected to boost economic growth in developed economies by 0.5 to 1 percentage point and accelerate growth in emerging Asian economies by 0.2 to 0.8 percentage points.

Speaking during the IMF and World Bank annual meetings held in the Thai capital, Georgieva said: "Despite the energy supply shock weighing on the economy, it is precisely this round of (growth) acceleration that has allowed the global economy to maintain a growth rate of about 3%."

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