Breaking news

AI’s Economic Benefits Surpass Emissions Concerns According to IMF

The International Monetary Fund (IMF) has recently highlighted the potential economic benefits of artificial intelligence (AI), projecting a global output boost of approximately 0.5% per year from 2025 to 2030. This growth is expected to surpass the environmental costs associated with higher carbon emissions from AI-driven data centers.

The report, showcased at the IMF’s spring meeting, emphasizes the need for equitable distribution of these economic gains while managing the adverse effects on our climate. The forecast indicates that AI’s contribution to GDP growth will outweigh the financial impacts of emissions, though it points out the necessity for policymakers and businesses to mitigate societal costs.

Energy Demands and Environmental Footprint

AI is set to escalate global electricity demand, potentially reaching 1,500 terawatt-hours (TWh) by 2030, mirroring the energy consumption of countries like India today.

The increasing demand for data processing capacity could result in higher greenhouse gas emissions, but the AI industry aims to offset these with advancements in renewable energy technologies.

AI: A Driver for Energy Efficiency?

Analysts suggest that AI could potentially reduce carbon emissions through improved energy efficiency, fostering advancements in low-carbon technologies across sectors such as power, food, and transport. Grantham Research Institute stresses the significance of strategic action from governments and industries to facilitate this transition.

The role of AI in the global economy continues to evolve, stirring debates not only about its economic potential but also its environmental impact.

Facebook Adds AI Creator Assistant For Content Insights And Recommendations

Revolutionizing The Creator Experience

Meta has introduced an AI Creator Assistant on Facebook, providing creators with personalized insights based on content performance, audience engagement and account activity. According to the company, the feature is designed to help creators access information about their content through a conversational interface.

Personalized Data Insights For Strategic Advantage

Content creators have traditionally relied on analytics dashboards and performance reports to monitor audience engagement and content reach. Using the AI Creator Assistant, creators can ask questions such as “When should I post?” or “What are people saying in my comments?” and receive responses based on available account data. Meta says the tool is intended to help creators better understand audience behaviour and content performance over time.

Enhanced Content Ideation And Engagement

In addition to analytics, the assistant can suggest content ideas based on trends and activity on the platform. Recommendations may include the use of popular audio tracks, emerging topics or other content formats gaining traction among users.

Global Expansion And In-App Ecosystem Integration

Creators in the United States, Canada and India currently have access to the feature. Additional capabilities and broader market availability are planned in future updates, according to Meta. Availability within Facebook expands the range of AI tools offered through the platform’s creator ecosystem.

Breaking Down Language Barriers In Digital Content

Meta is also introducing additional language options for AI-powered translations on Facebook. New support includes Arabic, Bahasa Indonesian, French, Thai and Vietnamese, expanding on capabilities already available through AI-translated Reels. According to the company, translated content is designed to preserve a creator’s tone and style across different languages. An AI-powered lip-sync feature is also being added to support localized video content.

A Strategic Move In A Competitive Landscape

More than 500 million people watch AI-translated videos each week across Meta’s platforms, according to the company. Recent updates come as major social media companies continue investing in creator tools and artificial intelligence features to attract and retain content creators. Facebook, YouTube and TikTok have each expanded their AI offerings as competition for creator engagement continues across the sector.

Uol
Aretilaw firm
eCredo
The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter