AI could solve America's $39 trillion debt crisis—but only if Washington abandons displaced workers, Yale report warns
2 Articles
2 Articles
AI Could Save America’s Economy—or Deepen Its Debt Crisis, Yale Study Warns
A May 6 report by Fortune noted that tech giants are pouring nearly $1 trillion into artificial intelligence (AI) infrastructure based on one core assumption: AI will dramatically boost productivity and reshape the global economic structure. A new study by Yale Budget Lab further suggests that AI could even become a key factor in easing […]
AI could solve America's $39 trillion debt crisis—but only if Washington abandons displaced workers, Yale report warns
The big bet on AI—the near-trillion dollars that hyperscalers are spending to build out the technology’s infrastructure—is predicated on the belief that productivity will skyrocket. If that bet pays off, a new report from policy research center Yale Budget Lab finds AI could help tackle one of the country’s most urgent crises: the $39 trillion national debt. The report offers a scenario on how AI could trim down the country’s piling debt, but co…
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