IMF warns of global GDP shock if AI bust happens

IMF managing director Kristalina Georgieva warns that an AI bust could wipe 1% off global GDP, rising to 1.8% in the U.S. The warning came as global tech and semiconductor stocks fell. We go to Ohio, where growing opposition to data centres is becoming a key issue ahead of the US midterm elections. And singer Raye questions whether the ticketing industry is fit for purpose.

Presenter: Vishala Sri-Pathma

Producers: Craig Henderson and Neggeen Sadid

(Picture: IMF Managing Director Kristalina Georgieva speaks during the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Thailand, 13 October 2026. Credit: Rungroj Yongrit/EPA)