#gdp-measurement

[ follow ]
#ai #ai-infrastructure #economic-impact #ai-economic-impact #semiconductors #bea-methodology
Artificial intelligence
fromFortune
5 hours ago

AI has added $160 billion to 'true GDP' since 2022, Goldman Sachs says. There's just one problem: That's not official | Fortune

AI infrastructure spending has raised true U.S. GDP by about $160 billion since 2022 while official GDP accounts capture far less.
fromBusiness Insider
2 days ago

AI's economic boost isn't showing up in GDP, and Goldman says that's a $115 billion blind spot

Revenue at US companies providing AI infrastructure has risen by $400bn since 2022, which at first glance seems to suggest that AI has been a meaningful driver of economic growth recently. But official numbers tell a different story. AI technology has lifted real US economic activity by about $160 billion since 2022, or 0.7% of GDP. Yet only around $45 billion, or 0.2% of GDP, of AI-spurred growth has been recorded in official statistics. That leaves roughly $115 billion uncounted, according to the analysts.
Artificial intelligence
[ Load more ]