Binance Square
LIVE
LIVE
VitalikButerin076
Bullish
--ใƒป327 views
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

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
0
Relevant Creator
LIVE
@CryptoVortex_MasterX007

Explore More From Creator

--
BIDEN WANTS 30% MINING TAX ๐Ÿšซ ๐Ÿ‘ด President Biden's 2025 budget proposes a worrying provision: a 30% tax on electricity used by Bitcoin miners. Here's why it's problematic: 1๏ธโƒฃ REGULATORY CHANGES: ๐Ÿ“ Biden's proposal suggests reasonable regulatory changes, like closing tax loopholes and applying existing securities regulations to crypto trading. These changes level the playing field without adding bureaucratic red tape. 2๏ธโƒฃ CRYPTO MINING TAX: ๐Ÿ’ฐ But the suggested mining tax is a step in the wrong direction. It unfairly burdens crypto miners with a hefty tax on electricity, irrespective of its source. This could drive miners overseas, harming the U.S. crypto industry. 3๏ธโƒฃ IMPORTANCE OF MINING: โ›๏ธ Mining is critical for decentralized cryptocurrencies like Bitcoin. It encourages the hosting and updating of the ledger, ensuring a robust and secure network without a single point of control. 4๏ธโƒฃ ENVIRONMENTAL CONCERNS: ๐ŸŒ While aimed at addressing environmental concerns, the tax fails to differentiate between sustainably sourced electricity and nonrenewable sources. It's a blunt instrument that could drive innovation overseas. 5๏ธโƒฃ BETTER ALTERNATIVES: ๐Ÿ”„ Instead of punitive taxes, the administration should focus on sensible reforms that support innovation while addressing environmental concerns. Light-touch regulations can achieve these goals without stifling the industry. I think we can all agree that Biden should stick to choosing the right ice cream flavor. ๐Ÿฆ What's your opinion on this? #mining #HotTrends #trending ๐Ÿ‘‡ Drop a comment below and stay updated with Professor Mende! #bitcoinhalving #BullorBear #WIF #HotTrands
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs