US EditionDeutsche Bank’s AI Warning: Boom or Bust for the U.S. Economy?
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3 Articles
The spectacular rise in the AI sector has recapitalised the fears of a possible re-editation of the dot-com episode when NASDAQ collapsed almost 80% after an explosion.
While German consumers are hesitant, the US is driving its growth with AI investments and consumption. The gap is growing.
Deutsche Bank’s AI Warning: Boom or Bust for the U.S. Economy?
Three years after OpenAI unleashed ChatGPT, artificial intelligence has morphed from tech curiosity to economic linchpin, propping up U.S. growth amid flagging consumer spending and manufacturing woes. But Deutsche Bank warns the party may be ending. In a fresh analysis published just hours ago, the German giant argues AI is the sole force staving off recession, yet its sustainability hinges on explosive revenue growth that looks increasingly el…
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