Economy News Ai Could Transform The Us Economy Nicole Webb
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Two industries were supposed to drive America’s future. One is booming, the other slumping.
A gulf is opening up in the heart of American business as two industries championed as central to the country’s future — manufacturing and artificial intelligence — appear to be heading in different ... Read More
AI investments are pulling the US economy forward. Will it continue?
“AI machines—in quite a literal sense—appear to be saving the US economy right now,” George Saravelos of Deutsche Bank wrote to his clients at the end of September. “In the absence of tech-related ... Read More
The Entire Economy Now Depends on the AI Industry Not Fumbling
Without AI spending, the US economy would lose one of the last industries actually bringing in any healthy revenue. Read More
Goldman Sachs warns of 'jobless growth' in the US as AI fuels output but not jobs
Job growth outside the healthcare industry has turned negative recently, and corporate management teams are turning to AI to reduce labor costs. Read More
AI could transform trade but risks leaving nations behind
Artificial intelligence could boost the value of trade in goods and services by nearly 40 per cent by 2040, but without adequate policies it could also exacerbate economic divides, a new World Trade ... Read More
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