SmartBrief for CFOs
Will AI really account for 9% of US GDP?
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October 2, 2026
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Full Story: Reuters (10/2)
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Will AI really account for 9% of US GDP?
US businesses and consumers would have to spend 9% of GDP on artificial intelligence for current investments to be justified, according to Columbia University professor Stijn Van Nieuwerburgh. Van Nieuwerburgh's paper notes that AI revenue would need to be $3.5 trillion by 2032, assuming current prices for computing power. However, this scenario may not be realistic, as it doesn't account for potential price drops as competition increases.
Full Story: The Wall Street Journal (10/2)
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Full Story: Bloomberg (10/2)
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Full Story: The Wall Street Journal (10/2)
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Full Story: CFO (10/1)
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Full Story: Bloomberg (10/2)
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