Caution in AI Investment: Waiting and Warnings for the Future
A recent study suggests that investors are becoming more pessimistic about AI's impact on future economic growth, leading to declining long-term interest rates after AI model releases in 2023-2024. This challenges the narrative of AI-driven optimism and indicates that companies like Apple may be justified in delaying AI adoption, as the technology's transformative potential appears less certain than previously thought. The findings also highlight potential increases in economic inequality driven by AI's impact on individual companies rather than the overall economy.