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Story summary
- Goldman Sachs analysts Joseph Briggs and Jan Hatzius say AI investments have had essentially no impact on U.S. GDP growth.
- They note that much of the technology underpinning AI is imported, diluting potential economic benefits.
- A survey of nearly 6,000 executives finds 70% of firms use AI, but about 80% report no noticeable productivity or employment changes.
- The findings prompt a reevaluation of AI's role in the economy.
