-+ 0.00%
-+ 0.00%
-+ 0.00%
Goldman Sachs Group CEO David Solomon recently stated that as artificial intelligence is more widely used in enterprises and the wider economy, the US economy is likely to grow at a higher rate in the next five to ten years. In a recent interview, Solomon said that the US economy is currently in a stage of constructive development, thanks to consumer resilience, strong profit growth, and large-scale investment cycles. Looking ahead, Solomon said that the application of artificial intelligence can significantly increase productivity. Solomon said he couldn't assert that every investment in artificial intelligence would pay off, and pointed out that there will definitely be winners and losers. But he said the wider application of the technology could lead to a “surge in productivity” and give the US an opportunity to achieve “higher levels of fundamental growth.”
Share
Listen to the news
Goldman Sachs Group CEO David Solomon recently stated that as artificial intelligence is more widely used in enterprises and the wider economy, the US economy is likely to grow at a higher rate in the next five to ten years. In a recent interview, Solomon said that the US economy is currently in a stage of constructive development, thanks to consumer resilience, strong profit growth, and large-scale investment cycles. Looking ahead, Solomon said that the application of artificial intelligence can significantly increase productivity. Solomon said he couldn't assert that every investment in artificial intelligence would pay off, and pointed out that there will definitely be winners and losers. But he said the wider application of the technology could lead to a “surge in productivity” and give the US an opportunity to achieve “higher levels of fundamental growth.”
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending