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AI - Growth or Doomsday; Population Bomb; China Debt YBS News Roundup March 28

Yaron Brook Show

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The Potential Large Effects of Artificial Intelligence on Economic Growth

The report is titled, quote, the potential large effects of artificial intelligence and economic growth. Despite significant uncertainty around the potential of generative AI, its ability to generate content that is indistinguishable from human created output reflects a major advancement with potentially large macroeconomic effects. The combination of significant labor cost saving, new job creation and a productivity boost for non displaced workers raises the possibility of a labor productivity boom like those that followed the emergence of earlier general purpose technologies such as electric motor and personal computer. So I could completely with Goldman Sachs. I mean, this is a massive, massive opportunity. Once I'm on set. Do that. Okay. Now people will jump up and say, wait, what

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