The surge in artificial intelligence (AI) investment could have a more profound effect on the U.S. gross domestic product (GDP) than historical milestones such as the invention of electricity or the emergence of personal computers.
That’s according to Goldman Sachs (NYSE: GS) eonomists Joseph Briggs and Devesh Kodnani. “Generative AI has enormous economic potential and could boost global labor productivity by more than 1 percentage point a year in the decade following widespread usage,” they wrote.
