Listen to the optimists, and the AI-driven economic boom is at the doorstep. The Penn Wharton Budget Model projects AI will add 1.5% to GDP and productivity over the next decade. Goldman Sachs says it could add up to three percentage points to productivity every year. By the mid-2030s, AI might increase work output by 20%, according to Vanguard.
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“Merger after merger in the media industry has harmed workers, diminished competition and free speech, and wasted hundreds of billions of dollars better invested in organic growth,” said the WGA.