Economy News Ai And The Economy Manufacturing’s Benefits Are Mostly Outside The Factory

Peak AI spending growth is already behind us, and it’s only made a small dent on the economy

For all the spending being done by the so-called hyperscalers on data centers and microchips to enable artificial-intelligence applications, the effect on the broader economy is overstated and pales ... Read More

Is AI Leading to Layoffs or Does the Economy Just Suck?

In other words, companies may be simply saving face by pretending that losing team members and downsizing is really just part of a glorious pivot towards “leaner,” “more efficient” automation. In ... Read More

AI-Led Investments Are Driving US Economic Growth

There’s no official read on how fast the US economy grew last quarter, thanks to the government shutdown. But almost everyone reckons it was a healthy pace — and that’s largely thanks to AI. Read More

Global insight: Who innovates, who benefits? Gauging the AI race

The US and China are locked in a race to be the first to achieve artificial general intelligence. The winner will benefit from faster economic growth, a more lethal military and a powerful new tool of ... Read More

AI Is Juicing the Economy. Is It Making American Workers More Productive?

Investment in artificial intelligence is helping the U.S. economy grow. But the tools themselves aren’t substantially boosting the productivity of American workers in the way AI enthusiasts hope they ... Read More

AI Now Accounts for a Third of US Market Value—What That Means For The Economy

The U.S. economy has grown increasingly concentrated in AI, with the biggest tech companies now making up about a third of the value of the entire stock market. Companies are investing in AI at a ... Read More

An AI ‘rational bubble' will provide significant productivity for the economy – El-Erian

The U.S. economy is experiencing an AI-driven boom that is helping America outperform global markets, according to Mohamed El-Erian, Allianz chief economic advisor. In an interview with CNBC, El-Erian ... Read More

Trump's Tariffs 'Papered Over By AI' Are Quietly Hurting Economy: 'We've Only Seen Half Of...'

Speaking on “The Real Eisman Playbook” podcast, the two experts warned that while the AI sector booms, numerous other industries are quietly being squeezed, with the full negative impact yet to ... Read More

AI, data centers add to economic development, experts say

The ongoing demand for data centers and artificial intelligence has created jobs for electrical components manufacturing and construction. Panelists at Nvidia GTC urge lawmakers to reform energy and ... Read More

Beyond AI: How smart manufacturing and the industrial metaverse will reshape the grid

So yes, the Industrial Metaverse is rising. Automation and robotics are driving a new wave of productivity. But if we want to keep that momentum, sustainably, locally, and intelligently, we need to ... Read More

Why the economy seems fine, even with recession on the horizon | Opinion

A close observer of the economy might be tempted to ask, “What is going on?” The stock market continues to do well (subject to day-to-day presidential musings) and GDP growth is strong, while nearly ... Read More