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

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  • Date
    9 July 2024
    Timeframe
    16:15 - 16:40 CEST Geneva
    Duration
    25 minutes
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    This is a replay of the session that took place on the Centre Stage during the AI for Good Global Summit in Geneva, Switzerland from 30 to 31 May, 2024.

    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.