AI economic gains likely to outweigh emissions cost, says IMF

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AI economic gains likely to outweigh emissions cost, says IMF - Channel News Asia

Quick Summary:

Economic gains from artificial intelligence will boost global output by around 0.5 per cent a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.

The IMF report noted that the space dedicated to server-filled warehouses in northern Virginia, which has the world's largest concentration of data centres, was already roughly equivalent to the floor space of eight Empire State Buildings.

An IMF report released at its annual spring meeting in Washington nonetheless noted that those output gains would not be shared equally across the world, and called on policymakers and businesses to minimise costs to broader society.