AI Hype vs. Reality: Why Haven't Billion-Dollar Investments Driven GDP Growth?
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James Keys and Rob Richardson take a look at a recent claim from Goldman Sachs that the ongoing AI boom we are living through, with the hundreds of billions of dollars of investment and endless hype from media and corporate interests, did not actually produce GDP growth in the US in 2025. The guys also consider whether there is any truth to the narrative that AU development is being held back by too much regulation in the US.
You’ll Snort-Laugh When You Learn How Much AI Actually Added to the US Economy Last Year (Futurism)
Goldman finds ‘no meaningful relationship between AI and productivity at the economy-wide level,’ but a 30% boost for 2 specific use cases (Fortune)
Is AI already driving U.S. growth? (JP Morgan Asset Management)
‘Things are going to get much, much worse’: Andrew Yang says AI could eliminate millions of jobs and split the US economy — how to stay ahead (Moneywise)
Uber CEO says other execs are lying about AI: 'They say it'll be fine' publicly but privately admit millions of jobs are gone (Moneywise)
Why the Trump Administration’s Latest Approach to AI Deregulation is Dangerous (NYU Stern Center for Business & Human Rights)