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Former US Deputy Secretary of the Treasury: The global economy is showing resilience, and future momentum comes from the AI revolution.
On October 27, 2024, Nathan Sheets, Chief Economist of Citigroup and former Deputy Secretary of the US Department of the Treasury, shared his views on the current economic situation and future trends at the annual conference of the TCFA. He pointed out that despite the resilience shown by the global economy in recent years in the face of geopolitical challenges and monetary tightening policies, the true growth drivers in the future will come from digital transformation and the AI revolution. Sheets emphasized that behind the global economic recovery is the rapidly growing digital economy and automation processes. Since 2000, the global internet penetration rate has increased from 2.
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