Economy News Ai The Rescuer It Could Save The U S Economy From Plunging Births

The US Economy Is Putting All Its Chips Down On AI

Key Takeaways 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 ... Read More

The Entire Economy Now Depends on the AI Industry Not Fumbling

These days, you don’t have to be a Rockefeller financier to know that the US economy is on shaky ground. Utility bills are going through the roof, imported goods are skyrocketing in cost, and job ... Read More

Is the U.S. economy getting weaker? Here’s what we know.

If the U.S. economy was really flying high, the Federal Reserve wouldn’t have lowered interest rates last month. So what’s really going on? The economy was still expanding at a decent pace before the ... Read More

‘Big Short’ investor Steve Eisman warns the U.S. economy is a ‘tale of two cities’ that ‘is not even growing 50 basis points outside of AI’

Billionaire investor Steve Eisman warns of a very different economic reality if one were to remove the gains of AI from the equation. “The U.S. economy is not even growing, really, 50 basis points ... 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

Blackstone's Stephen Schwarzman says AI capex is powering U.S. economy

The scale of spending on artificial intelligence data centers is so "stunning" that it's "powering the U.S. economy," Blackstone (BX) CEO Stephen Schwarzman said on Thursday. The AI capex boom will ... Read More