Ireland's Economic Outlook and the Risks of Agentic AI

Business News

Ireland's Economic Outlook and the Risks of Agentic AI
Irish Economy, Budget 2027, Rainy-Day Funds

This episode of Inside Business examines Ireland's economic stability ahead of Budget 2027 and the emerging risks associated with agentic artificial intelligence. Chief Economist Rossa White analyzes the country's fiscal health and its vulnerability to global financial trends, while journalist Ciara O'Brien explores the recent scandals and regulatory challenges facing the rapidly evolving AI industry.

On this episode of Inside Business, we start with Ireland's economic outlook a week out from the Budget 2027 announcement. After years of consistent steady growth and running a surplus, what potential challenges await next year?

Are we putting enough into the State's rainy-day funds? And why do developments with the US Federal Reserve have a clear impact on our economy? To discuss all this, host Cliff Taylor was joined in studio by Rossa White, Chief Economist at EY Ireland. In the second half of this episode, we look at agentic AI and why it has been making headlines for all the wrong reasons lately.

AI leaders call for cautious approach

Data breaches and deceptive behaviour have led to growing calls from AI leaders, including OpenAI CEO Sam Altman and Anthropic's Dario Amodei, for a more cautious approach to AI development and stronger safeguards. But why don't these companies know what their software is up to? And is proper regulation even a possibility at this point?

Irish Times business and technology journalist Ciara O'Brien has been following these developments closely and she explained why agentic AI is giving big tech cause for concern. Produced by John Casey with JJ Vernon on sound.

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IrishTimes /  🏆 3. in İE

Irish Economy Budget 2027 Rainy-Day Funds US Federal Reserve Agentic AI Data Breaches AI Regulation Openai Anthropic Economic Outlook

 

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