This year’s World Economic Forum offered a snapshot on the state of the world and its many ongoing crises. While AI is achieving impressive results in many ways, these are largely being overshadowed by human stupidity, cautions NYU Professor Emeritus of Economics Nouriel Roubini.

The world has changed drastically during the past few years, with economic crises, deglobalization, wars, pandemics, and climate change all upending lives and sowing fears about the future. Many problems that seemed abstract or remote not long ago are now part and parcel of the present and future, and demand urgent, smart responses to avoid catastrophes and get the world back on a solid footing, warns NYU Professor Emeritus of Economics Nouriel Roubini.

The threat of stagflation is increasingly worrisome, with both short-term and long-term structural factors to blame. Can the widespread implementation of AI help to offset some of these factors? And even if it can, will that be enough to avert a worst-case scenario for the global economy?