Watch Desk posted an update
Economists and policymakers at the Bund Summit in Shanghai discussed AI’s growing economic impact, from investment and productivity to jobs and inequality. One striking figure: the IMF’s Krishna Srinivasan said labour demand in industries highly exposed to AI had fallen 10% relative to less-exposed industries, though the decline has stabilised, according to CGTN.
Why it mattersThe summit also heard warnings that AI-driven gains could accrue more to capital than workers, alongside calls for international coordination on governance. Those are concerns raised by speakers, not a settled forecast of what comes next. The useful signal is that the debate has moved beyond whether AI can boost output to who benefits, and how quickly workers and policymakers can respond. Growth is the easy headline; sharing it is the harder bit.
Discuss: Should governments prioritise sharing AI’s productivity gains with workers, or focus first on accelerating adoption and let the benefits spread over time?
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