Below you will find pages that utilize the taxonomy term “Economic Growth”
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Will AI Be a Boon or Bane for U.S. Economic Growth?
The rapid rise of Artificial Intelligence (AI) presents a paradox for the U.S. economy: while it has the potential to drive significant growth through capital investments and productivity enhancements, it also poses a risk of substantial job cuts. As businesses increasingly adopt AI technologies, the immediate benefits remain elusive, with a staggering 95% of companies reporting no tangible gains from their generative AI initiatives, according to recent MIT research.
This duality of AI’s impact raises critical questions about the future of work and economic stability.
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