AI-related spending has reached about 2% of US GDP and drives a historically concentrated share of growth and investment, but economic history and the slow spread of technology inside firms suggest the payoff will arrive far later than markets expect.
US Markets' Record AI Bet May Take Decades to Pay Off, History Suggests
AI-related spending has reached about 2% of US GDP and drives a historically concentrated share of growth and investment, but economic history and the slow spread of technology inside firms suggest the payoff will arrive far later than markets expect.
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