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The power-hungry technology requires policies to help expand electricity supplies, incentivize alternative sources, and help contain price surges

Some countries risk missing out on the full economic benefits of AI, but more formal jobs and expanded digital access can help

Simulations that incorporate machine learning-based predictions of conflict suggest large payoffs from preventive policies, including efforts to promote macroeconomic stability and growth

Smart policies that help people realize their potential can be game-changing for entire societies

New generative AI tools can redefine the relationship between governments and citizens, but strong leadership and safeguards are fundamental.

AI may widen inequality, but policymakers can counteract this with more effective social safety nets, reskilling programs, and regulations to promote ethical use of the technology

Stories can unify or divide but our ability to imagine them is uniquely human. Cooperation and trust, built through shared stories and narratives, are the foundation of human societies and economies. So what happens when humans no longer hold the pen? Yuval Noah Harari is a historian, philosopher, and author of several books on human evolution, including Sapiens, and Nexus: A brief history of Information Networks from the Stone Age to AI. In this podcast, Harari says artificial intelligence is a risk to humankind’s most valuable resource, trust. Transcript

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The pace at which artificial intelligence is transforming jobs is astounding, but while it boasts higher productivity AI is also increasing wage inequality. When workers are replaced by machines, real wages decline, and the owners of capital prosper. So who owns AI and how should its benefits be distributed? In this podcast, the IMFs Andrew Berg and Maryam Vaziri discuss AI’s inequality problem, the subject of their article in December’s special AI edition of Finance and Development magazine. Berg is Deputy Director, and Vaziri is an economist, both in the IMF Institute for Capacity Development. Transcript

Artificial intelligence and robots are revolutionizing production processes across the globe, but what countries stand to gain most from these new technologies? Economists Andy Berg and Chris Papageorgiou are coauthors of a new study that suggests the so-called AI revolution may widen the gap between rich and poor countries. Transcript

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Technological innovation like automation using robots to produce goods and provide services creates tremendous opportunities for businesses. But as the cost of producing robots goes down, is this technology widening the income gap? Economist Arnaud Costinot has been studying technological change and its impact on inequality, and in this podcast, he discusses how a robot tax might help better distribute the benefits of artificial intelligence, or AI technologies. Arnaud Costinot is a Professor of Economics at MIT, and coauthor of Robots, Trade, and Luddism: A Sufficient Statistic Approach to Optimal Technology Regulation. Costinot was invited to present his research at the IMF.

In Japan, deaths outnumber births by 1,000 people per day on average. The population in some regions is now smaller than what it was in the 1950’s. The combination of its rapidly declining labor force—expected to fall even faster than the overall population, and the limited influx of immigrants, creates a powerful incentive for robots and artificial intelligence. In this podcast, IMF economists Todd Schneider and Gee Hee Hong say Japan has no choice but to embrace robots and automation to help the shrinking workforce become more productive. Schneider and Hong coauthored Land of the Rising Robots, an article featured in the June 2018 edition of Finance and Development Magazine.

In this podcast, inventor and futurist Ray Kurzweil talks about how artificial intelligence is helping overcome human limitations and creating better-paying jobs. Kurzweil participated in a panel discussion entitled Technology, Innovation, and Inclusive Growth, during the 2016 IMF World-Bank Annual Meetings.

How can governments harness fiscal policy to ensure the benefits of AI are shared equitably across society?

In an era of rapid technological advancements, public finance systems must evolve to meet new challenges and opportunities.

First Deputy Managing Director Gita Gopinath joined Washington Post's Heather Long for a fireside chat about fiscal policies in the age of AI.

AI has the power to change our lives and the global economy. We have the power to shape that change for the better.

AI is set to transform the global economy and has vast potential to benefit humanity. Yet, AI’s disruptive power also carries risks.

Artificial intelligence (AI) is here, with the potential to boost economic growth, but also disrupt industries.