Who gains in an AI-supercharged economy?

At Vanguard, we anticipate 3 percent growth in US gross domestic product for 2027, an estimate that is noticeably higher than other professional forecasts, implying continued strong support for risk assets. Such growth will not represent an incremental improvement but rather a fundamental shift in the growth trajectory of the economy. Following a data-rich study of current artificial intelligence capabilities, and how the technology compares to other game-changing technologies of the past, we foresee an economic sea change.

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