Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings on Nostr: The Impact of AI on the Economy: Turbocharging or Temporary Boost? =============== ...
The Impact of AI on the Economy: Turbocharging or Temporary Boost?
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#b0c92d6c ver:1.08
Experts debate the impact of AI on the economy. Some believe it will have a modest effect, automating 25% of tasks and growing US GDP by 0.9% in 10 years. Others predict AI-powered GDP growth at 6% and see potential for significant benefits in sectors like education, energy, and transportation. Critics question the high costs and lack of a "killer app" for AI, while Goldman Sachs recognizes opportunities for AI-related financing. Vanguard suggests AI could catalyze economic growth, surpassing the impact of the PC and internet. The future depends on a tug of war between AI and demographics-driven deficits....
#newstr #Ai #Economy #Investment #SalesRevisions #Technology #Demographics
https://here.news/story/b0c92d6c?ver=1.08
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#b0c92d6c ver:1.08
Experts debate the impact of AI on the economy. Some believe it will have a modest effect, automating 25% of tasks and growing US GDP by 0.9% in 10 years. Others predict AI-powered GDP growth at 6% and see potential for significant benefits in sectors like education, energy, and transportation. Critics question the high costs and lack of a "killer app" for AI, while Goldman Sachs recognizes opportunities for AI-related financing. Vanguard suggests AI could catalyze economic growth, surpassing the impact of the PC and internet. The future depends on a tug of war between AI and demographics-driven deficits....
#newstr #Ai #Economy #Investment #SalesRevisions #Technology #Demographics
https://here.news/story/b0c92d6c?ver=1.08