AI expansion could boost annual global growth by 0.5 percentage points — IMF

IMF Managing Director Kristalina Georgieva stated that AI development could increase global GDP growth by up to 0.5 percentage points annually, equating to adding an economy the size of ASEAN over a decade. AI investment is surging, especially benefiting India, China, and the US, but many countries risk being left behind, raising concerns about widening global inequality.