Goldman Sachs economists expect the economic impact of artificial intelligence to rival previous big technological advances, such as the electric motor and personal computer.

Investments in AI could reach around $200 billion globally by 2025, they said.

The U.S. is positioned as the market leader. They estimate AI investment could reach $100 billion in the U.S. alone.

And they think the economic benefits of AI will outweigh the downside.“While some worker displacement will likely occur as tasks are automated, worker displacement from automation has historically been offset by creation of new jobs, and technology-driven creation of new occupations actually accounts for the vast majority of long-run employment growth,” Goldman Sachs economist Joseph Briggs said via email.... Read More: FOX45