Artificial intelligence (AI) is expected to have a significant effect on the global economy in the near future. Chief economists predict that by 2024, AI will weaken the global economy due to its potential consequences and the existing geopolitical tensions. The use of AI in various industries and sectors can lead to job displacement and economic imbalances. Moreover, geopolitical tensions and power struggles related to AI development and utilization can further harm the global economy. This article explores the potential impact of AI on the economy and how geopolitical tensions can exacerbate the negative effects.