AI crackdown may slow growth, complicate inflation fight for central banks, IMF warns

The International Monetary Fund (IMF) has warned any crackdown on artificial intelligence (AI) as being pushed by United States Democrats could slow investment in the fast-growing technology sector, weaken economic growth and complicate efforts by central banks to control inflation.
IMF Managing Director, Kristalina Georgieva, said any slowdown in economic growth driven by AI investment would be an important consideration for central banks as they decide how to tackle persistent inflation.
Her warning comes amid plans by Democrats, who secured control of both chambers of the US Congress in the November midterm elections, to introduce tougher legislation targeting AI companies and the...