Carl Benedikt Frey on AI and Growth

As tech innovation, particularly in the field of AI, is increasingly focused on a few key players, the industries benefiting from these tools have also become more concentrated, which Carl Benedikt Frey says could weigh on growth. Frey is an associate professor of AI and Work at Oxford University, and his latest book, How Progress Ends , suggests that waves of technological and economic progress are often followed by stagnation. In this podcast, Frey says the concentration of AI-using industries will push the direction of technological change further towards automation rather than product innovation. Transcript : Read the article in Finance & Development magazine: imf.org/fandd

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Carl Benedikt Frey on AI and Growth is an episode from IMF Podcasts by IMF Podcasts.

This episode is 27:10 long.

This episode was published on Sep 4, 2025.

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