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Donald Trump has welcomed the news of massive AI-related investments, but the spending spree might be hiding troubling signs ...
Pantheon Macroeconomics sees artificial intelligence (AI) as a growing force in U.S. economic expansion, with recent data ...
The S&P 500 is up 10% year to date and set another all-time high yesterday. Much of that growth has come from the Magnificent 7 tech companies, which are spending heavily on AI and its associated ...
Watch Our Segment on How AI Is Now the #1 Driver of the American Economy Here are two charts that will blow your mind. First, a look at GDP contibution from data centers (in green) versus personal ...
Unprecedented spending on AI by tech giants is driving GDP growth. Read why AI is not creating a market bubble.
Naturally, companies and governments are scrambling to lead this revolution. In terms of AI investment spending, the U.S. is ...
Analyst firm Dell’Oro Group forecasts a compound annual growth rate (CAGR) of 21 percent worldwide, with capex hitting $1.2 ...
AI is now automating white-collar jobs once considered untouchable: legal research, accounting, medical diagnostics, coding, ...
Although this increase is indeed large, AI’s enormous potential—for example, possible GDP growth of 6.1% in the U.S. over the next decade —could more than offset its energy cost.
"It will have an impact on GDP of every country in the double digits in the coming years," Mensch, the CEO of French AI startup Mistral, said in an episode of the A16z podcast uploaded on Thursday.
Automating tasks could deliver a 4.3 per cent increase in labour productivity growth, the Productivity Commission says, but ...
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