Goldman Sachs tempers AI expectations

Goldman Sachs' chief economist has expressed skepticism about the immediate impact of artificial intelligence (AI) on US economic growth. According to their estimates, in 2025, AI will contribute "basically zero" to GDP.

This figure contrasts with initial, often overly optimistic, forecasts regarding the revolutionary effect of AI in various sectors. Goldman Sachs' analysis suggests that a more cautious approach is needed in assessing the short-term economic benefits derived from investments in this technology.

For those evaluating on-premise deployments, there are trade-offs to consider carefully. AI-RADAR offers analytical frameworks on /llm-onpremise to evaluate these aspects.