JP Morgan says Artificial Intelligence (AI) will not save the US economy from a recession

August 23, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

Advertisements

The head of JP Morgan’s of US equity and quantitative strategy appeared overnight on CNBC in an interview.

He said advances in AI will not be enough to avert a US recession.
said AI will drive “massive productivity gains for the broader economy”, but placed a timeline on this in around 3 to 4 years … “Not in the next 12 months.”
said there are “so many” other headwinds to the economy to worry about

This article was written by Eamonn Sheridan at http://www.forexlive.com.

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

JP Morgan says Artificial Intelligence (AI) will not save the US economy from a recession

Share this:

Share this:

Discover more from Maheri Network