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The IMF warned that the AI investment boom has helped cushion the global economy against higher energy prices and geopolitical tensions. It said the benefits remain unevenly distributed and could introduce new inflationary and financial risks. In its latest World Economic Outlook, the IMF said strong AI investment had provided an important source of demand.
Read the original →As the debate over how to regulate artificial intelligence continues, the head of the U.S. Federal Reserve is calling AI the most consequential change to the U.S. and global economy in his lifetime.
Read the original →Small businesses are turning to generative AI for labels, menus and advertising. An Omaha-area graphic designer says the technology is reducing opportunities for human creatives.
Read the original →AI companies are drawn to Culver City as Hollywood experiments with technology.
Read the original →AI can automate or augment many tasks. Companies are still working through implementation, worker training, and the value of human expertise.
Read the original →University of Texas at Austin researchers say desalinated Permian wastewater could be used to cool AI data centers. They say this could ease freshwater demand and oilfield disposal limits.
Read the original →The new controls could make it easier for prosecutors to charge AI chip smugglers.
Read the original →The IMF has warned that low-income, energy-importing countries outside the AI value chain are falling further behind. It said these countries were vulnerable to begin with.
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