US politicians aren’t prepared for the AI revolution. That’s bad for the economy
CNN
Like it or not, most business leaders, analysts and economists agree that artificial intelligence will play an outsized role in shaping the future of the US economy.
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Like it or not, most business leaders, analysts and economists agree that artificial intelligence will play an outsized role in shaping the future of the US economy. The next few years will be critical in defining the shape of the AI revolution, and economist and former dean of Columbia Business School Glenn Hubbard is worried the United States isn’t ready to accept the disruptions that come along with it. Before the Bell spoke with Hubbard about what he sees as an increasingly dangerous problem that could stifle growth for years to come. This interview has been edited for length and clarity. Why is this the right time to refocus on AI and economic growth?
Millions of Americans have taken to the skies, hit the road, fired up the barbecue grill and jumped into the pool this weekend to celebrate the start of summer 2024. Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities.