【Bank of America CEO: The Economic Benefits of Artificial Intelligence Are Accelerating】Jinse Finance reports that Bank of America CEO Moynihan stated that artificial intelligence is beginning to have a greater impact on the U.S. economy. In a television interview on Monday, Moynihan said, "This year's AI investments continue to accumulate, and next year and in the coming years, it may become a more important driver of growth. The impact of AI is becoming increasingly prominent; although not all growth can be attributed to AI, its marginal effects are quite significant." Moynihan, who has led the bank for nearly 15 years, stated that Bank of America forecasts the U.S. economy will remain strong next year, expecting growth of 2.4%, higher than the approximately 2% forecast for 2025. He mentioned that although the labor market has started to soften, it resembles a normalization adjustment in the job market. Moynihan pointed out that given the AI industry is dominated by a few companies, even if there is a correction after the industry overheats, Bank of America believes the threat it poses to the economy (including consumer impact and unemployment risks) is relatively limited.
