Skip to Content Facebook Feature Image

AI could be source of divergence within, across countries: IMF chief

China

China

China

AI could be source of divergence within, across countries: IMF chief

2025-10-18 00:46 Last Updated At:16:47

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Thursday that artificial intelligence (AI) could boost productivity, but it could also be a source of divergence within countries and across countries.

Noting that the AI investment boom is bringing "incredible optimism," Georgieva told a press briefing during the 2025 Annual Meetings of the World Bank Group and the IMF that AI will contribute to global growth somewhere between 0.1 percent and 0.8 percent, which is "significant."

In its latest World Economic Outlook released Tuesday, the IMF slightly raised its global economic growth projection for 2025 to 3.2 percent, while pointing out that the tariff shock is further dimming growth prospects. Global growth is projected to fall to 3.1 percent in 2026.

"We are stuck in this around 3 percent growth right now. And if we were to extract that kind of boost of growth (from AI), that would be very significant for the world," said Georgieva.

She noted that the IMF has developed the AI preparedness index, which ranks countries on four criteria: digital infrastructure, labor market skills, innovation, and how it penetrates.

The IMF chief also highlighted "a very big distribution from the best to the laggers" in terms of AI adoption.

"So, the risk we see is that we may end up in a world in which there is an increase in productivity, but it is also a source of divergence within countries and across countries," Georgieva said, adding that this is why preparedness really matters.

AI could be source of divergence within, across countries: IMF chief

AI could be source of divergence within, across countries: IMF chief

AI could be source of divergence within, across countries: IMF chief

AI could be source of divergence within, across countries: IMF chief

Russia said on Thursday that its forces had continued to strike besieged Ukrainian troops in Krasnoarmeysk (known as Pokrovsk in Ukraine) in the Donetsk region, while the Ukrainian side said it had repelled Russian attacks.

Russia's Defense Ministry said that Russian troops had captured 64 buildings in Krasnoarmeysk over the past 24 hours, repelled over 10 Ukrainian attacks and hit Ukrainian targets, including drone storage and launch facilities, temporary deployment areas for Ukrainian armed formations and foreign mercenaries, in 149 areas.

The ministry said Russia's air defense systems intercepted two guided aerial bombs and shot down 261 fixed-wing drones over 24 hours and destroyed Ukrainian armored combat vehicles, artillery pieces, and ammunition depots.

The General Staff of the Ukrainian Armed Forces reported that by 8:00 on Thursday, Ukrainian forces had launched offensives against two concentrations of Russian personnel, weapons, and military equipment, repelled over 100 attacks by Russian troops in Pokrovsk and in other areas, and reinforced military units defending the city.

Ukraine also said its forces carried out a strike on a drone storage, assembly, and launch site in Donetsk airport area on Wednesday and hit Russia's Volgograd oil refinery.

Russia claims strikes against besieged Ukrainian forces, Ukraine reports repelled attacks

Russia claims strikes against besieged Ukrainian forces, Ukraine reports repelled attacks

Recommended Articles