Crisis amplifier? How to prevent AI from worsening the next economic downturn

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Crisis amplifier? How to prevent AI from worsening the next economic downturn

Generative AI has great potential to raise global growth that’s remained at historically low levels since the pandemic. However, if not managed carefully, there is a risk that GenAI could aggravate and prolong the next economic downturn by causing large-scale disruptions in labor markets, in financial markets, and in supply chains. Policy actions, taken now, can help mitigate some of these risks.

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