📈 The Economic Impact of AI: Is Growth Inevitable? 🤔 | With Raoul Pal
Raoul Pal is a co-founder of Real Vision, a financial media company offering in-depth video interviews and research publications from the world's best investors. Prior to starting Real Vision, Raoul ran a successful global macro hedge fund.
Raoul Pal: "So, if we consider that population growth or immigration typically hovers around 1%, 2%, or 3%, and the trend rate of GDP in the U.S. has been averaging about 1.7% to 1.5%, then introducing a billion AIs and a billion robots is akin to adding 25% of the world’s population. While it’s not a direct one-to-one match, what this effectively does is create significant economic growth. This influx of artificial intelligence and robotics could lead to disproportionately large increases in productivity and economic output."
#raoulpal #ai #artificialintelligence #finance #economy #economics
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