Column-World balance sheet may need AI-style productivity leap: Mike Dolan

Column-World balance sheet may need AI-style productivity leap: Mike Dolan

By Mike Dolan

LONDON (Reuters) – Hype or hope, this year’s boom in artificial intelligence along with other productivity-enhancing tech developments may be one of few ways to sustain an increasingly fragile “global balance sheet” over coming decades.

There is little doubt about the market heat, corporate alarm and social anxieties created in the mere six months since the breakthrough in “generative AI” tools took the world by storm. What it means for jobs, productivity, profit margins and even trustworthy information dominates the debate.Even Bank of America’s strategists have taken to describing the stock market craze around it as a “baby […]

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