Message of 25 September, International Monetary Fund (IMF)IMFAs the latest annual report saysAIHope to be a driving force for global productivity andinvestImportant forces of growth, but they can also exacerbate labour market pressures and create financial risks。
IT IS ESTIMATED THAT AI-RELATED TECHNOLOGY INVESTMENT IN 2025 CONTRIBUTED 0.5 PERCENTAGE POINTS TO GDP GROWTH IN THE UNITED STATES. THE RATE OF PRODUCTIVITY GROWTH IN THE UNITED STATES HAS ALSO ACCELERATED IN THE PAST FEW YEARS, PARTIALLY OR IN RELATION TO THE IMPACT OF THE INITIAL AI APPLICATION。
BASED ON SOME EXTERNAL ESTIMATES, THE SCALE OF PRIVATE SECTOR-DRIVEN AI INVESTMENTS GLOBALLY IN 2026Or it'll break into $2 trillion(Current exchange rate is about RMB 13.43 trillion)It has been one of the fastest-growing engines of economic growth in recent years。
As global expenditures shiftDEPLOYMENT OF AI IN ALL SECTORSTHE RESULTING PRODUCTIVITY GAINS ARE EXPECTED TO ACCELERATE IN MORE INDUSTRIES AND OCCUPATIONS. ASIA IS ACTIVELY SEEKING DEVELOPMENT OPPORTUNITIES FROM AI. SINGAPORE RANKS FIRST IN THE IMFAI PREPAREDNESS INDEX WITH A WELL-DEVELOPED DIGITAL INFRASTRUCTURE, EDUCATION SYSTEM AND FORWARD-LOOKING REGULATION。East Asia is the global centre for chip manufacturing and design, while South-East Asia builds on its manufacturing advantages to move further up the value chain.
RISKS ALSO EXIST. POLICYMAKERS, FAMILIES AND BUSINESSES ARE INCREASINGLY CONCERNED ABOUT THE CHANGES THAT AI WILL BRING TO THE LABOUR MARKET, INCLUDING THE REPLACEMENT OF MORE JOBS AND THE LOWERING OF WAGES FOR SOME WORKERS。
THE IMF RESEARCH FOUND THATINCREASED PAY FOR JOBS THAT REQUIRE AI SKILLSHowever, cities and regions with more jobsNo overall employment growth.
WORKERS WITH AI SKILLS ARE BENEFITING, AS ARE LOW-SKILLED WORKERS WHO PROVIDE SERVICES TO HIGH-INCOME PEOPLE. THIS IS NOT THE CASEMedium-skilled workers with highly vulnerable jobs to automation shocksThese benefits were not shared。