AI is expected to contribute significantly to the global economy by 2030. Estimates suggest it could add around $15.7 trillion, with $6.6 trillion coming from increased productivity and $9.1 trillion from consumption-side effects. This potential impact is leading to substantial investment and research into AI technologies.
AI could contribute up to $15.7 trillion to the global economy by 2030, with $6.6 trillion coming from increased productivity and $9.1 trillion from consumption-side effects. This would represent a significant boost to the global GDP and could potentially transform industries and economies worldwide.
Palantir Technologies' stock might drop by 65% due to concerns about the sustainability and recurring nature of revenue from its commercial segment, which has been a key growth driver. Analyst Rishi Jaluria of RBC Capital also highlights potential risks related to revenue pulled forward from special purpose acquisition companies (SPACs) that signed deals with Palantir.