Siluanov called AI the driver of future growth of the world economy
Artificial intelligence will be a key driver of global economic growth for the foreseeable future. This opinion was expressed by the head of the Ministry of Finance of the Russian Federation Anton Siluanov at a meeting of finance ministers and heads of central banks of the G20 countries in Cape Town.
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📝 Summary
Artificial intelligence will be a key driver of global economic growth for the foreseeable future. This opinion was expressed by the head of the Ministry of Finance of the Russian Federation Anton Siluanov at a meeting of finance ministers and heads of central banks of the G20 countries in Cape Town.
According to him, AI technologies will help significantly reduce costs for the global economy and increase growth. Global security will also benefit from the development of alternative solutions in the field of international finance. “Digitalization and artificial intelligence can significantly increase tax revenues and reduce administrative costs,” Siluanov said. His words are cited by the press service of the Ministry of Finance of the Russian Federation. Earlier, Siluanov said that the Ministry of Finance, the Central Bank and the Federal Treasury are discussing the possibility of using the digital ruble to pay social benefits.
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