Goldman Sachs Finds AI Spending Had Little Impact on 2025 U.S. Growth
Goldman Sachs economists say AI-related investments in 2025 contributed essentially zero to U.S. GDP growth, arguing much of the spending is offset by imported hardware and measurement gaps, challenging the view of AI as a strong growth engine even as roughly $700B is projected to be spent on AI infrastructure this year; surveys also show many firms use AI but do not see productivity or employment gains.