"The surge in artificial intelligence investment that has buoyed world growth is set to continue and deliver longer-term gains, OECD Secretary General Mathias Cormann said. The Paris-based organization, which earlier this month raised its forecasts for several major economies including the US, said then that tech spending is already providing support in the face of trade uncertainty. We do expect that the level of investment in relation to AI will continue to increase for some time, Cormann said in an interview with Bloomberg Television."
"Over the medium-to-long term we do expect a significant beneficial impact when it comes to productivity growth from the accelerating diffusion and adoption of AI across the economy. Still, Cormann said the OECD expects global economic growth to slow to 2.9% next year from 3.2% in 2025, with the possibility that trade headwinds intensify. We do see quite a level of downside risks, he said."
The OECD expects continued increases in AI-related investment that will sustain world growth and deliver medium-to-long-term productivity gains through accelerating diffusion and adoption of AI across economies. Tech spending is already providing support amid trade uncertainty. Despite AI-driven investment, global growth is projected to slow to 2.9% next year from 3.2% in 2025. Downside risks remain significant, with tariff impacts not yet fully felt, persistent trade uncertainty and various structural pressures posing potential headwinds to the outlook. Investment levels in relation to AI are expected to continue increasing for some time.
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