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AI ECONOMIC IMPACT
AI cost savings may be offset by rising verification expenses: Deutsche BankThe report, titled "AI boom or doom: what will superintelligence feel like and when will we get there?", said that while AI has made it che...- AI 'most consequential change' to US and global economies in my lifetime: Fed Chair Kevin WarshFederal Reserve Chair Kevin Warsh called artificial intelligence the most consequential change to the US and global economies in his lifeti...
- Big Tech wants to build more AI data centres across America. Why local communities are pushing back against the costs of the AI revolutionCities across America are imposing temporary moratoriums on data centre approvals to address infrastructural concerns. Local governments ar...
- US midterms 2026: Why AI data centres, power bills and water use are becoming local election issuesThe 2026 US midterm elections are on the horizon and data centers for artificial intelligence are becoming a big issue Voters are worried a...
- Artificial intelligence may create more jobs than it replaces in India: Piyush GoyalUnion Minister Piyush Goyal announced that artificial intelligence is poised to generate significant job opportunities for the youth of Ind...
- Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlookThe IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction ri...
- AI Young Leader of the Year: Recognising the next generation of AI leadershipAI is opening new routes into entrepreneurship, product development and technical leadership for younger professionals. The AI Young Leader...
- AI boom’s funding web could spread losses across global markets, IMF warnsThe IMF reports that global AI investment could induce a significant market correction if expectations are unmet. Economic growth has been ...
- AI boom lifts China, India as global trade growth accelerates, IMF saysSilvana Tenreyro, the IMF's new chief economist, highlighted the robust growth in AI-related trade. This growth has significantly outpaced ...
- Tighter AI data rules could curb Germany's economic gains by €155 billion a year, study findsThe findings come as European policymakers and technology companies grapple with how to manage the risks posed by AI without slowing innova...
- IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
- Productivity gains from AI could help offset Asia's ageing population problem, IMF saysArtificial intelligence stands as a promising solution to counterbalance the issues arising from decreasing workforces across Asia. The Int...
- US bull market nears four-year milestone as AI boom fuels profits, growthThe US bull market is reaching its four-year milestone as AI infrastructure investments drive a 117% S&P 500 rally. However, market concent...
- AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
- Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
- Absence of AI in equities will become India's strength in a year, mkts to start attracting flows: CEAChief Economic Advisor V Anantha Nageswaran indicated that India's absence of AI focus might become an advantage. He believes that if the A...
- AI may replace only 5% of human work over next decade, says Nobel laureate AcemogluMicrosoft AI CEO Mustafa Suleyman shared the assessment in a post on X while introducing the first issue of The Humanist Review published i...
- India among top 10 emerging markets in AI readiness; private AI investment triples: World BankIndia ranks among the top 10 emerging markets for AI readiness, supported by its large tech workforce, expanding GCC ecosystem and digital ...
- AI's race to transform the world before the money runs outCumulative spending globally on data centers alone could top $30 trillion by 2050, according to a projection by PwC, almost matching the va...
- AI's race to transform the world before the money runs outInvestment in AI technology continues to rise, surpassing historical investments seen in railways and the internet. Major AI firms are expe...
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