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Goldman Sachs Reveals that the AI Revolution is Commencing, but Its Economic Impacts May Take Several Years to Materialize

Benzinga LogoBenzinga1 mo ago

 Goldman Sachs Reveals that the AI Revolution is Commencing, but Its Economic Impacts May Take Several Years to Materialize - Benzinga

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As the broad-based adoption of AI remains low, Goldman Sachs suggests that any major boost to productivity and economic growth may not materialize until after 2027 in the U.S.and 2028 in other developed markets, with the most ...

Goldman Sachs analysts Joseph Briggs and Devesh Kodnani recently shed light on the ongoing adoption of artificial intelligence (AI).

Despite these figures, formal adoption by firms remains modest — less than 5% of companies leverage AI to enhance their product and service offerings.


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Article Details

Author / Journalist: Piero Cingari

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-04 @ 13:29:30 (1 months ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 559 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20607361

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 9 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

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News Language: English

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Publisher ID: #53

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