AI’s effects so far primarily reflect a boost to demand from infrastructure spending. A supply-side improvement from efficiency gains will come, but we continue to expect these to arrive gradually in...

The latest batch of PMIs suggests that industry has been buoyed by precautionary stockbuilding and the AI boom, while consumer-facing services have taken a hit in many economies. At the global level...

While the long-run impact of AI should be positive, the transition to widespread adoption could prove economically disruptive. This risk is greater if AI adoption accelerates and workers, firms and...