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Global AI imbalances expected to hit emerging markets hardest

IMF’s Bo Li and Anthropic’s economics head discuss social protection on panel

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Labour, wages and tax revenues may be hit hardest in emerging markets due to global disparity in artificial intelligence adoption, the International Monetary Fund Spring Meetings heard. 

Societal and economic implications of AI are not simply going to be determined by the technology’s capability, Peter McCrory, head of economics at Anthropic, told the IMF meetings on April 15. “They’re also shaped by policy and societal responses.”

Speaking on the panel about AI and global resilience, McCrory said

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