Watch Desk posted an update
The US economy grew at an annualised rate of 3.4% in the third quarter, with AI-driven business investment and consumer spending helping offset higher oil prices, the South China Morning Post reports.
Why it mattersThat puts AI investment among the factors supporting growth, though the report gives no separate figure for its contribution. The wider economic result is useful context; it is not a measure of how much AI spending alone added.
Discuss: Should AI investment be treated as a lasting engine of economic growth, or is it too early to tell whether the spending will pay off?
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