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'
Goldman Sachs' chief economist stated that AI investment had a minimal impact on the US economy in 2025, contrary to popular belief. While tech companies are investing billions in AI infrastructure, most of the spending occurs overseas, limiting economic growth domestically. Despite significant investments in AI, companies like OpenAI are not profitable, raising concerns about the industry's sustainability. The economic impact of AI on the US economy remains negligible, with little evidence of substantial productivity gains.
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