IMF warns of risks from AI boom and debt, but raises forecast for world growth

The IMF has slightly brightened its outlook for global economic growth but highlighted potential risks from the rapid rise of artificial intelligence and escalating government debt levels. There are concerns about AI causing market corrections and job displacement, which could impact economic stability. This report comes amid discussions at the IMF and World Bank meetings in Bangkok, underscoring the urgency for policymakers to balance technological advancements with fiscal responsibility to maintain global economic health.