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AI is driving half of US economic growth

Artificial intelligence is currently adding 1 percentage point to the Gross Domestic Product, a measure of the size and health of the economy. "now roughly half of GDP growth comes because of AI." However, a slowdown in AI and sectors sensitive to interest rates could hit by 2027.

MYB News 1 hour ago 1 min read

Artificial intelligence is currently adding 1 percentage point to the Gross Domestic Product, a measure of the size and health of the economy. "now roughly half of GDP growth comes because of AI." However, a slowdown in AI and sectors sensitive to interest rates could hit by 2027. This change could make it much harder for the Federal Reserve to manage the economy. The economy is leaning heavily on a single technology.

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