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Keywords: Productivity
Artificial intelligence has the potential to become a major driver of economic growth in developing countries, according to the latest World Development Report released by the World Bank. The report suggests that AI could help emerging economies achieve technological and productivity gains within a decade......
The Bank of Japan (BOJ) has cautioned that the rapid global expansion of artificial intelligence investment could generate sustained inflationary pressure in Japan, suggesting that the country's central bank is increasingly attentive to new structural risks that may influence future monetary policy. In......
The growing adoption of artificial intelligence could become a major driver of profitability for U.S. companies over the next few years, according to an analysis by Morgan Stanley. The investment bank expects AI to move beyond experimentation and begin delivering more tangible financial and operational......
The rapid expansion of artificial intelligence is creating new challenges for central banks as they attempt to assess economic conditions and make appropriate monetary policy decisions, according to a report from the Bank for International Settlements (BIS). The institution warned that the growing influence......
Billionaire entrepreneur Elon Musk has raised concerns over the United States' worsening fiscal outlook, warning that the continued growth of public debt could pose a serious threat to the country's economic stability. He argued that large-scale adoption of artificial intelligence and robotics......
The Moroccan economy is expanding at its fastest pace in more than ten years, heavily propelled by a boom in infrastructure investments and a notable recovery in the agricultural sector, according to a recent World Bank report. Released in its summer economic update titled "Cementing Growth: Digital......
More than 200 economists, researchers, and technology experts from around the world have issued a joint warning that the rapid development of artificial intelligence (AI) could reshape the global economy at an unprecedented pace, urging governments and businesses to prepare for the profound changes ahead. The......
The United Kingdom's June heatwave cost the economy an estimated £1.15 billion after extreme temperatures reduced labour productivity and working hours across multiple sectors, according to new research released by the London School of Economics (LSE). The analysis highlights the growing economic......
The rapid rise of generative artificial intelligence is transforming the way people work, study, and solve everyday problems. While AI-powered assistants can quickly draft emails, generate computer code, summarize documents, and answer complex questions, researchers are increasingly examining whether......