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IMF's Georgieva says AI boom lifts growth but masks rising economic risks

IMF Managing Director Kristalina Georgieva told a Singapore audience that AI investment is becoming a major driver of national economic fortunes, but warned that AI advancement, high energy costs and record public debt are straining already weak global growth. She described the economy as pulled between a negative energy shock from the Gulf war and a positive demand shock from AI investment, calling the combined effect highly uneven worldwide.