The term **"AI economy"** refers to the system of economic activity that is created, driven, or significantly transformed by artificial intelligence technologies. It includes the production, distribution, and consumption of goods and services that rely on AI, as well as the broader labor, capital, and productivity changes that result from AI integration. The AI economy encompasses sectors such as automated manufacturing, data services, machine learning model development, AI-driven decision systems, and industries that use AI to optimize efficiency and innovation.
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Elon Musk Predicts Double-Digit US GDP Growth Fueled by AI
The world’s richest individual, has issued an unusually bold economic forecast. According to Musk, the rapid deployment of artificial intelligence could push United States GDP growth into double-digit territory within the next 12 to 18...