Will AI save the U.S. fiscal situation?

A tenth of a percentage point of extra productivity growth — well within the range of plausible near-term AI effects — raises the fundamental value of U.S. government debt by $1.3 trillion. If markets fully priced this in, nominal Treasury yields would fall by about 70 basis points. Half a percentage point of extra growth […] The post Will AI save the U.S. fiscal situation? appeared first on Marginal REVOLUTION. CommentsManna from heaven. by Dismalist