The Impact of AI on Government Bond Yields, the S&P 500, and Labor =============== #06b87006 ver:0.33 Portfolio managers expect a concentrated group of AI winners to drive returns in the short term. Interest rates may stay high due to persistent inflation, and the initial capital spending boom for AI could be inflationary. Mega-cap tech companies' profitability is not a bubble like the dot-com era. The growing federal debt poses a constraint, but AI-fueled productivity gains may offset it. AI's impact on bond yields and curves is complex. The rise of AI is expected to augment labor and enhance productivity over the next 30+ years. The critical question is which nation will control AI for their benefit. #AI #economy #productivity #inflation #bondyields... #newstr #Ai #Labor #Productivity #Technology https://here.news/story/06b87006?ver=0.33