News

AI boosted US economy by 'basically zero' in 2025, says Goldman Sachs chief economist — 'We think there's been a lot of misreporting of the impact that AI investment had on GDP growth'

  • Jon Martindale--Tom's Hardware UK
  • published date: 2026-02-24 15:44:37 UTC

The U.S. economy isn't being propped up by AI investment, despite the common narrative. According to Goldman Sachs, despite hundreds of billions in investment announcements, AI has done little to uplift American financial interests.

It's become a common narrative around the U.S. economy and AI firms: AI investment is propping up America. While there is an argument to be made that the stock market is, with the "Magnificent 7" tec… [+5085 chars]