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Goldman's chief economist optimistic about AI impact on growth as Iran war dims global outlook - The National

The National ·

Goldman Sachs' chief economist has expressed optimism regarding the impact of artificial intelligence on economic growth. This positive outlook for AI's role in the global economy is presented amidst concerns that the potential for conflict with Iran is dampening the overall global economic outlook. The article, published in The National, highlights a dual perspective on future economic trajectories. Why it matters: This analysis provides a high-level economic forecast that considers both technological advancement and geopolitical risks relevant to the Middle East region.

Global AI Adoption in 2025 – AI Economy Institute - Microsoft

The National ·

The AI Economy Institute and Microsoft have released a report, "Global AI Adoption in 2025", examining the projected state of AI adoption across different sectors. The report uses survey data and economic modeling to forecast AI's impact on productivity and employment. It identifies key barriers to adoption and provides recommendations for policymakers and business leaders. Why it matters: The report offers insights into the future trajectory of AI in the global economy, including the Middle East, helping stakeholders prepare for and capitalize on AI-driven transformation.

Nobel Laureate Michael Spence on how AI is redefining the global economy

MBZUAI ·

Nobel laureate Michael Spence lectured at MBZUAI on AI's impact on global economies, focusing on productivity and growth. He highlighted information asymmetries around LLMs and the risk of AI-driven bias in job screening. Spence suggests finding signals that cannot be easily imitated and increase the cost of delivering misleading information. Why it matters: The lecture brings attention to AI's transformative potential and the challenges it poses for economic models and policy in the UAE and globally.