AI Boom and Budget Deficits: Can AI Save the S&P 500?
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#06b87006 ver:0.31
Analysts believe a concentrated group of AI winners will drive returns in the short term, but the growing federal debt poses a constraint. Vanguard sees a 45-55% chance of an AI productivity boom offsetting the deficit, while Goldman Sachs predicts a 1.5% boost in productivity growth per year for a decade. Uncertainty remains as current AI usage focuses on low-hanging fruit and significant investments are needed for faster productivity. #AI #productivity #economy #deficit...
#newstr #Ai #ProductivityGrowth #BudgetDeficits #S&p500
https://here.news/story/06b87006?ver=0.31