AI-Led Productivity, Not Trade Wars, to Drive Next Global Growth: William Lee

• William Lee, Global Economic Advisors, predicts AI-led productivity will drive the next global growth phase, replacing trade wars as the primary economic force.
• This shift redefines globalization, moving focus from tariffs to capital flows and direct investments in target markets, as exemplified by President Donald Trump's stance.
• AI's productivity boom is global, not just US-centric, and its full impact is yet to be seen, with even blue-collar workers benefiting from AI-powered tools.
• India is a potential major beneficiary of increased capital flows but faces "political risk" related to its geopolitical alignment with China, Russia, Iran, and the United States.
• PM Narendra Modi is praised for positioning India as a growth hub, but clearer signaling on foreign investment and market openness is crucial to attract capital.

Why It Matters: AI-led productivity will reshape global growth and investment, with India needing clear geopolitical alignment.