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Big Ideas 2024

FYI - For Your Innovation

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The Impact of AI on Economic Growth

This chapter explores the macroeconomic impact of technology, with a focus on artificial intelligence (AI) and its potential to drive significant real GDP growth. The speakers discuss the rapid advancements in AI and its potential to revolutionize various fields, including rare disease research and financial transactions. They also discuss the projected growth in spending on accelerators in data centers, the decline in costs for AI training, and the transformative opportunities AI presents.

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