World Bank Raises East Asia Growth Forecast on AI Boom, Warns of Sharp Downside Risk

The World Bank has raised its growth forecast for East Asia and the Pacific, driven by a surge in artificial intelligence-related exports, but warned that the region’s increasing dependence on the AI investment cycle leaves it exposed to a potentially painful global technology spending reversal. The region’s economy is now expected to expand 4.5% in […] The post World Bank Raises East Asia Growth Forecast on AI Boom, Warns of Sharp Downside Risk appeared first on Tekedia.

World Bank Raises East Asia Growth Forecast on AI Boom, Warns of Sharp Downside Risk












The World Bank has raised its growth forecast for East Asia and the Pacific, driven by a surge in artificial intelligence-related exports, but warned that the region’s increasing dependence on the AI investment cycle leaves it exposed to a potentially painful global technology spending reversal. The region’s economy is now expected to expand 4.5% in […]

The post World Bank Raises East Asia Growth Forecast on AI Boom, Warns of Sharp Downside Risk appeared first on Tekedia.

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