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المشهد العربي
BIS warns on AI's economic impact
The Bank for International Settlements warned that the AI boom could impair the accuracy of reading economic indicators relied upon by central banks to set monetary policies, increasing the likelihood of making wrong decisions that negatively impact the global economy. The report pointed out that the effects of AI have become significant and tangible, especially in the sectors of investment, trade, and asset prices, where spending on building data centers and IT infrastructure in the United States has reached approximately 0.8% of GDP. Experts also noted that AI may contribute to reducing inflation if it leads to increased productivity, or if consumers reduce their consumption out of fear of unemployment and weak wages.
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