Bank of America has a message for anyone who has grown skeptical of the AI boom: you are thinking too small.
In a report published Thursday, the bank’s research team made a typically sweeping claim for a Wall Street bank assessing the supposed artificial intelligence boom. It’s not like electricity or even the internet, the global economics team wrote. It is more powerful than both — and the productivity boom it will eventually deliver could be 10x larger than anything the economy is currently showing.
