According to a new report by Goldman Sachs, global investment in artificial intelligence could reach $200 billion in less than two years, potentially boosting the overall economy. The report highlights the economic potential of generative AI, a subsector of AI that creates new content based on large language models. By 2025, AI investment could account for up to 4% of US GDP and 2.5% of GDP in other nations investing in the technology. However, significant upfront investment in physical, digital, and human capital will be required for large-scale transformation to occur.
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