
AI Will Send Profits Skyward Over the Next 10 Years, Goldman Says
Artificial intelligence-fueled productivity should expand margins by 4 percentage points, the firm projects, but it won’t happen right away.
Artificial intelligence-fueled productivity should expand margins by 4 percentage points, the firm projects, but it won’t happen right away.
There will also be a job-loss toll, but, as in previous technology leaps, many displaced workers will fit into newly created positions, the firm’s study says.
Maintaining a position just short of a recession is almost impossible to do, the research shop says.
Many U.S. and other nations’ companies are thinking about transferring elsewhere. Easier said than done. Investors could be collateral damage.
They are worried about the pandemic, GDP, inflation and Ukraine, he finds.
Natixis’ Lavorgna sketches out how higher prices shrinks consumers’ income—and imperil the economy.
Corporate profits are falling back to a more normal pace (absent some nightmare scenario intruding).
Despite crackdowns on businesses and too much debt, the nation should resume its ascent, says NEPC.