The boom in AI will not deliver more jobs but will mean higher utility bills for consumers, top economists have warned.
Experts polled by the World Economic Forum overwhelmingly expect AI adoption to rise and result in meaningful productivity gains.
But the survey of chief economists across the public and private sectors casts doubt on the wider public benefit of the technology.
The findings will do little to quell a growing backlash – notably in the US – against the building of vast data centres to process AI computations.
Many critics worry the technology will kill jobs and consumers will be adversely affected by
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