BWC Member Hung Tran examines how recent advances in artificial intelligence are reshaping the global economy. He argues that AI is reinforcing a K-shaped recovery, in which technology-driven sectors continue to accelerate while traditional industries lag behind. The article explores how the rapid evolution of generative AI is widening economic and digital divides within and across countries, concentrating growth among AI leaders while leaving others behind. It also considers the broader implications of these trends, including rising inequality, slower wage growth, and heightened social and geopolitical tensions.

To read the full article at The Policy Center for the New South, click here.

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.