3 ms·

Just yesterday, Goldman and MS said the exact opposite. https://www.washingtonpost.com/technology/2026/02/23/ai-economic-growth-gdp-mirage/ https://www.washing

• dhdjdkkdkd 8mo ago
  [flagged]
• gaogao 8mo ago
  Nah, the articles are non-contradicting. That article focuses on how the spend mostly goes to imports, which decreases GDP. This one focuses on the effects on unemployment. It's very plausible that a decrease in interest rates right now would lead to more imports and AI spending, not increased employment.
• keeda 8mo ago
  Two different things. My understanding is that the Goldman Sachs take was about the effect of AI investments (largely the humongous CapEx spends by the hyperscalers) showing up in the GDP. This is about labor productivity, a standard national-level economic indicator (see https://www.bls.gov/news.release/pdf/prod2.pdf https://www.bls.gov/news.release/pdf/prod2.pdf and https://fred.stlouisfed.org/series/OPHNFB https://fred.stlouisfed.org/series/OPHNFB) going up 4.9%, as reported in this article linked in TFA: https://www.reuters.com/world/us/us-third-quarter-productivity-growth-unrevised-2026-01-29/ https://www.reuters.com/world/us/us-third-quarter-productivi...