11 articles tagged
A massive surge in AI investment, nearing trillions of dollars, is fueling the U.S. economy but also raising fears of a speculative bubble similar to the dotcom era.
Economists predict AI could drive inflation below 2% by boosting productivity, but this efficiency comes at the cost of significant white-collar job displacement.
Economists and policy experts are developing a range of government responses to manage the potential economic impact of artificial intelligence on the workforce.
Economic analysis suggests the U.S. economy's stability is heavily dependent on the AI boom, which is masking weakness in other key sectors like manufacturing.
Minneapolis Fed President Neel Kashkari warns that heavy investment in AI data centers could raise borrowing costs, while also expressing skepticism about rapid AI-driven job loss.
A booming artificial intelligence sector is driving positive US economic indicators, creating a two-track economy that masks challenges faced by traditional industries.
Research suggests Gen X is more financially vulnerable to AI-driven job loss than Baby Boomers due to weaker safety nets like pensions and higher debt levels.
The U.S. government is actively intervening in the private sector, negotiating deals and taking equity stakes in companies across 30 key industries to secure supply chains.
The U.S. auto industry confronts uncertainty from shifting EV policies, while the medical field sees a surge in AI adoption, with 60% of doctors now using the tech.
The U.S. government is pursuing deals in up to 30 critical industries, offering financial incentives and regulatory relief in exchange for equity stakes.
The UK aims to be a global AI superpower but faces significant hurdles in retaining top talent and securing large-scale investment to compete with the US and China.
