Leaders at the IMF-World Bank Annual Meetings in Bangkok said the AI boom is a major driver of global growth but could pose economic risks if investment falters. The IMF said AI spending helped cushion the shock from higher energy prices caused by the Middle East war, and that global trade rose 8.3% over 2023–2025, versus about 4.6% without AI-related products. Federal Reserve Chair Kevin Warsh called AI the 'most consequential change' of his lifetime but warned the path ahead would be 'bumpy'. An IMF report projected that a decline in AI investment could reduce global GDP by 0.4% by 2028, while Moody's Analytics warned a prolonged conflict could 'puncture' the boom. IMF chief Kristalina Georgieva added that without safeguards, 'the risks may exceed the opportunities'.
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Original headline: Leaders weigh huge benefit , risks of AI for global economy
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