A recent surge in AI investment has sparked concern about its effects on the economy, particularly in terms of productivity gains. While AI firm DeepSeek’s emergence sent shockwaves through the tech industry, with Nvidia and other US companies facing a selloff, the underlying question remains: will AI lead to increased productivity? Currently, evidence supporting this claim is scarce, leaving investors and economists to wait for concrete results before making informed decisions about AI’s future economic impact.
Source: https://www.bloomberg.com/news/articles/2025-01-31/will-ai-take-our-jobs-3-scenarios-for-how-it-could-impact-the-economy