Will AI drive explosive economic growth or is it just hype?

2 weeks ago 9

Nations and companies astir the satellite are weighing up AI’s costs and benefits.

Almost 1 trillion dollars, that’s however overmuch tech companies are estimated to beryllium spending connected gathering up the artificial quality manufacture implicit the coming years.

Supporters of the exertion accidental AI volition summation productivity, boost incomes and revolutionise the planetary economy.

But, a increasing fig of investors interest that AI volition not present the immense profits they seek, astatine slightest not successful the foreseeable future.

Critics besides pass AI could regenerate quality jobs and deepen inequality.

Calls are increasing for regulators to travel up with policies to leverage the imaginable of AI for the payment of each humanity.

Published On 27 Dec 2024

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