The chief economist at Goldman Sachs has stated that the impact of artificial intelligence on the US economy in 2025 was “basically zero”. This assessment contradicts the common narrative that AI investment has been a significant contributor to the country’s economic growth.
According to Goldman Sachs, the hundreds of billions of dollars invested in AI have not had a substantial effect on the US economy. The chief economist noted that “We think there’s been a lot of misreporting of the impact that AI investment had on GDP growth”, suggesting that the actual benefits of AI investment may have been overstated. This revelation raises questions about the true economic value of AI investments and their potential to drive growth.
The statement from Goldman Sachs is likely to have significant implications for the ongoing debate about the role of AI in the US economy. As investors and policymakers reassess the impact of AI investment, it remains to be seen how this new information will influence future decisions and strategies. The outcome of this reevaluation may lead to a shift in focus towards other areas of economic development, and it will be important to monitor how the situation unfolds in the coming months.
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