The Specter of an AI-Driven Slowdown
The rush to finance AI infrastructure is driving up borrowing costs just as governments grapple with mounting debt and persistent fiscal deficits. If the AI investment boom falters, falling valuations could choke off…
Myung J. Chun/Los Angeles Times via Getty Images The Specter of an AI-Driven Slowdown Oct 26, 2026 Dambisa Moyo The rush to finance AI infrastructure is driving up borrowing costs just as governments grapple with mounting debt and persistent fiscal deficits. If the AI investment boom falters, falling valuations could choke off financing, with little room for fiscal and monetary policy to cushion the economic shock.
ISTANBUL—Today’s economic growth depends heavily on AI investment and fiscal spending. The International Monetary Fund estimates that AI could add up to half a percentage point to annual global growth over the next decade, raising the average rate from 3% to 3.5%.
Not cross-checked yet
Only Project Syndicate reports this story so far. We show it as a single source until another newsroom confirms it.
- Project Syndicate26 Oct, 11:03
| Publisher Project Syndicate (reference tier) | +82 |
| Detailed summary | +2 |
| Total | 84 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.