US Potential Economic Growth Projected Amid AI Boom
Economist Nouriel Roubini predicts that artificial intelligence could drive major economic growth in the United States. He forecasts the US' potential growth could reach 4% by 2030. This projection suggests a significant technological boom.
The economist famously dubbed “Doctor Doom” for predicting the 2008 financial crisis has seemingly morphed into a bullish “Doctor Boom” with his latest economic outlook. Nouriel Roubini now predicts that a “Cambrian explosion” of technological advances – including artificial intelligence – could propel the US’ potential economic growth to 4 per cent by 2030, and as high as 10 per cent in less than a quarter-century, overshadowing Middle East oil shocks and other near-term headwinds. Framing AI.....