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๐Ÿ™‹ "Latest News" Artificial intelligence (AI) has become a major driver of big tech companies' stock prices, but in the long term, the impact of this technology could have a broader positive impact on overall economic growth, UBS said. UBS analysts said AI could put the economy on a trajectory for the "roaring 20s," which "means long-term productivity growth and trend-level growth could last for years." This outcome is already possible without relying heavily on generative AI development, and Nvidia's recent performance suggests that the time for a potentially positive impact on growth is coming forward. UBS believes that the current dominant market narrative is that the economy is in a "golden age", where "strong growth goes hand in hand with disinflation", but only for a few months or quarters. This view may prevail for the time being, but if the situation continues to accelerate, investors may sooner or later have to admit to the resurgence of the "roaring 20s".#Write2Eam #TrendingTopic #BinanceSquareTurkey #Reddit $BTC

๐Ÿ™‹ "Latest News"

Artificial intelligence (AI) has become a major driver of big tech companies' stock prices, but in the long term, the impact of this technology could have a broader positive impact on overall economic growth, UBS said. UBS analysts said AI could put the economy on a trajectory for the "roaring 20s," which "means long-term productivity growth and trend-level growth could last for years." This outcome is already possible without relying heavily on generative AI development, and Nvidia's recent performance suggests that the time for a potentially positive impact on growth is coming forward. UBS believes that the current dominant market narrative is that the economy is in a "golden age", where "strong growth goes hand in hand with disinflation", but only for a few months or quarters. This view may prevail for the time being, but if the situation continues to accelerate, investors may sooner or later have to admit to the resurgence of the "roaring 20s".#Write2Eam #TrendingTopic #BinanceSquareTurkey #Reddit $BTC

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