WNA Globe

World News by Wild Rose

#economic growth ร—

US, China seen as top AI beneficiaries in new growth forecast from โ€˜Doctor Doomโ€™ economist

The economist famously dubbed โ€œDoctor Doomโ€ for predicting the 2008 financial crisis has seemingly morphed into a bullish โ€œDoctor Boomโ€ with his latest economic outlook. Nouriel Roubini now predicts that a โ€œCambrian explosionโ€ of technological advances โ€“ including artificial intelligence โ€“ could propel the USโ€™ potential economic growth to 4 per cent by 2030, and as high as 10 per cent in less than a quarter-century, overshadowing Middle East oil shocks and other near-term headwinds. Framing AI...