World Bank Raises East Asia and Pacific Growth Outlook on AI Boom

The World Bank has raised its growth forecast for East Asia and the Pacific this year, citing stronger industrial and technology exports driven by the global artificial intelligence boom.

Rising worldwide demand linked to AI has boosted the region’s export sector, supporting a brighter outlook for its economies.

But the bank also warned that growing reliance on technology could leave Asian economies vulnerable to major disruptions if global spending on the sector declines.

The revised outlook highlights both the gains from the AI boom and the risks of deeper dependence on it. Continued strength in technology demand would support the region, while a slowdown could expose that vulnerability.