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The AI Bubble Bursting Would Actually Be Incredible for the Economy, Economist Says
The US economy is absolutely screaming. Late rent payments and loan delinquencies are skyrocketing, and the top 10 percent of earners account for nearly half of all consumer spending. In early ... Read More
AI's economic boost isn't showing up in GDP, and Goldman says that's a $115 billion blind spot
AI added $160 billion to the US economy, but only $45 billion appears in GDP because of how growth is measured. Read More
AI Has Become The Economy And Market
US economic growth is now driven almost solely by deficit spending and AI Revolution as traditional drivers like jobs, housing, & consumer strength falter. Read what investors need to know. Read More
AI has added $160 billion to ‘true GDP’ since 2022, Goldman Sachs says. There’s just one problem: That’s not official
A rtificial intelligence (AI) has been hyped to the skies as the “ fourth industrial revolution ” and the thing that will wipe out 50% of white-collar workers’ jobs. There’s just one problem with that ... Read More
The AI spending boom could have real consequences for the U.S. economy
As revisions to U.S. jobs numbers call into question economic growth, Big Tech is becoming an even more important part of American prosperity. Read More
AI and Nvidia have been bright spots in an uncertain economy, but there are doubts now
This past week, AI darling Nvidia reported blockbuster financial results that beat analysts' expectations. But investors weren't impressed and the... AI and Nvidia have been bright spots in an ... Read More
AI Is Taking Jobs: Could Universal Basic Income Become a Reality?
Forecasts that AI could erase tens of millions of jobs by the end of the decade appear to be making the notion of a guaranteed income less radical. Read More
America’s job market flashes yet another warning sign about the economy
• The latest employment snapshot from the Bureau of Labor Statistics paints a bleak picture of the current state of the economy under President Donald Trump. • Labor market deterioration: Just 22,000 ... Read More
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