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International Business Times
International Business Times
Business

AI Is Keeping the Global Economy Afloat. The Investment Craze Is Helping Offset the Iran War.

AI spending is supporting the U.S. economy directly while creating another powerful source of demand for Asian economies that manufacture chips and other technology components. (Credit: Fabrice COFFRINI / AFP via Getty Images)

The global economy is showing surprising resilience in the face of geopolitical turmoil and rising borrowing costs, and a massive wave of investment in artificial intelligence may be one of the biggest reasons why.

According to a Wall Street Journal report, the AI boom is increasingly acting as a global economic counterweight, driving investment in the United States, boosting technology exports across Asia and helping advanced economies absorb shocks that might otherwise have produced a much sharper slowdown.

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