AI investment collapse could make US economy vulnerable: Jefferies
By
Binu Mathew
New Delhi [India], January 9 (ANI): A sudden collapse in artificial intelligence (AI) investment could make the United States economy vulnerable, as AI-related capital expenditure has emerged as a key driver of economic growth in recent years, highlighted a report by Jefferies.
The report said the macroeconomic risks from an unsustainable AI investment cycle are becoming increasingly clear, noting that AI-related capital expenditure was one of the main contributors to US economic growth last year.
