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Title: AI's Economic Boost Isn't Showing Up in US GDP, Goldman Says

Link: https://news.slashdot.org/story/25/09/15/1649...

AI is transforming corporate America, yet the boom remains understated in
government growth statistics, according to Goldman Sachs. From a report:
Analysts at Goldman pointed to the scale of the boom in a Saturday note:
"Revenue at US companies providing AI infrastructure has risen by $400
billion since 2022, which at first glance seems to suggest that AI has been a
meaningful driver of economic growth recently." But official numbers tell a
different story. AI technology has lifted real US economic activity by about
$160 billion since 2022, or 0.7% of GDP, the analysts calculated. Yet only
around $45 billion, or 0.2% of GDP, of AI-spurred growth has been recorded in
official statistics. That leaves roughly $115 billion uncounted, according to
the analysts. That gap highlights the difference between what companies
report and what the government measures due to the Commerce Department's
Bureau of Economic Analysis method for calculating growth.

Read more of this story at Slashdot.

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