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Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings /
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2024-07-16 06:59:52

Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings on Nostr: The Economic Tug of War Between AI and Demographics =============== #b0c92d6c ...

The Economic Tug of War Between AI and Demographics
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#b0c92d6c ver:1.07

The economic impact of AI is debated, with some experts skeptical about its potential. Goldman Sachs predicts 6% GDP growth and 25% task automation, while economist Daron Acemoglu estimates less than 5% task impact and 0.9% GDP growth. Concerns include high costs, lack of use cases, and the need for complex problem-solving. However, the White House sees potential in AI for education, energy, transportation, and more. Vanguard suggests AI could catalyze economic growth, surpassing the impact of the internet, while also highlighting the impact of demographics-driven deficits. Goldman Sachs recognizes opportunities for AI financing. #AI #Economy #Investment...

#newstr #Ai #Demographics #EconomicGrowth #Forecasting #Productivity #GovernmentDeficits

https://here.news/story/b0c92d6c?ver=1.07
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