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When Will AI Drive Sustained GDP Growth Over 5% Per Year?

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
When might AI truly transform our world, and what will that transformation look like? The Epoch AI research team focuses on the future of AI. They have a
The article from NextBigFuture discusses the potential for AI to drive sustained GDP growth above 5% per year, a rate not commonly seen in developed economies in recent decades. It explores various predictions and analyses from experts and organizations like Goldman Sachs, which suggests AI could boost global GDP by 7% over a decade. The article highlights that while AI has the potential to significantly enhance productivity, several factors could influence this outcome, including the rate of AI adoption, regulatory environments, and the ability of economies to adapt to AI-driven changes. It also mentions the concept of an "AI productivity J-curve," where initial investments and adjustments might lead to short-term economic dips before long-term gains. Furthermore, the piece touches on the debate around AI's impact on employment, suggesting that while some jobs might be automated, new job categories could emerge, potentially leading to net job creation if managed correctly. The article concludes that while the exact timing and magnitude of AI's impact on GDP growth are uncertain, the transformative potential of AI is widely acknowledged, with expectations leaning towards significant economic shifts in the coming years.

Read the Full NextBigFuture Article at:
[ https://www.nextbigfuture.com/2025/03/when-will-ai-drive-sustained-gdp-growth-over-5-per-year.html ]