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Goldman Sachs’ Joseph Briggs: Gen AI could lift U.S. labor productivity 15% in 10 years

The post Goldman Sachs’ Joseph Briggs: Gen AI could lift U.S. labor productivity 15% in 10 years appeared first on StartupHub.ai.

Joseph Briggs, a senior global economist at Goldman Sachs, recently shared insights on the macroeconomic implications of generative AI, projecting a significant uplift in U.S. labor productivity. Speaking with CNBC’s ‘Squawk on the Street’, Briggs elaborated on the potential of AI to transform the economy. Briggs spoke with CNBC’s ‘Squawk on the Street’ about macro […]

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Andrew Yang on AI’s Economic Storm and Shifting Political Tides

The post Andrew Yang on AI’s Economic Storm and Shifting Political Tides appeared first on StartupHub.ai.

“AI is decimating entry-level jobs.” This stark declaration from Andrew Yang, founder and CEO of Noble Mobile, and former Democratic presidential candidate, cut through the morning bustle of CNBC’s ‘Squawk Box.’ Speaking with interviewers Andrew Ross Sorkin and Becky Quick, Yang offered a compelling commentary on the intertwined forces of technological disruption and political realignment, […]

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Powell Cautiously Monitors AI’s Impact on Jobs and a Bifurcated Economy

The post Powell Cautiously Monitors AI’s Impact on Jobs and a Bifurcated Economy appeared first on StartupHub.ai.

Federal Reserve Chair Jerome Powell recently articulated a measured yet watchful stance on the emerging economic shifts driven by artificial intelligence, noting that while the full implications are still unfolding, the Fed is “watching AI’s impact on jobs carefully.” Speaking at a press conference following the Federal Open Market Committee’s decision to lower the benchmark […]

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