AI's Surge: A Double-Edged Sword for the U.S. Economy

AI's Surge: A Double-Edged Sword for the U.S. Economy



In a time when technology's rapid growth takes center stage, AI stands out both as a symbol of progress and a catalyst for economic inequality in the U.S. Over the last five years, there's been a massive 266% uptick in AI use, pushing a team of economists to study its effects more closely. Using a detailed survey from 2018 that covered almost half a million companies, they provide a multi-faceted view of the country's AI environment.



This research, shared through the National Bureau of Economic Research, breaks down the AI-driven economy, zeroing in on five core technologies: self-driving cars, machine learning, machine vision, natural language processing, and voice recognition. Back in 2018, less than 6% of companies used these innovations. However, the number soared among bigger companies, especially the giants with more than


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