World leaders are assessing the economic benefits and risks of artificial intelligence.
Federal Reserve Chair Kevin Warsh said AI is the most consequential change to the global economy, with the Fed planning to use AI in monetary policy. The IMF warned of major financial risks if the AI investment boom ends.
- Federal Reserve chair Kevin Warsh called AI the most consequential change to the global economy in his lifetime and said the Fed will use AI to analyze data more effectively in monetary policy.
- The IMF flagged significant growth and financial stability risks from a potential end of the AI investment boom.
Outlets: Ara, Berlingske, Business Recorder, Financial Times, Free Malaysia Today, G4Media, MyJoyOnline, The Economic Times, The Jakarta Post
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