The article discusses the potential economic impact of artificial intelligence (AI) as highlighted at the World Economic Forum in Davos, Switzerland. According to a report by PwC, AI could boost the global economy by $16 trillion by 2030, with China and the US being the biggest beneficiaries. However, the report also warns that AI could displace around 7% of jobs across the world. The article notes that AI was a major topic of discussion at Davos, with leaders and experts debating the opportunities and challenges it presents. Some key points include the need for responsible AI development, addressing potential job losses, and ensuring AI benefits are distributed equitably. The article also mentions concerns raised by Microsoft’s Brad Smith about the risks of AI being misused for surveillance or disinformation. Overall, the article highlights the transformative potential of AI while emphasizing the importance of proactive governance and ethical considerations.
Source: https://www.businessinsider.com/davos-world-economic-forum-ai-donald-trump-economy-2025-1