Artificial Intelligence (AI): Economic Transformation, Politics Brewing
“Amazon, Google, Meta, Microsoft, and Oracle have announced AI capital spending plans totaling $650 billion this year, up 70% from 2025 and up 650% from 2020. This single-year spending total is larger than the individual Gross Domestic Product of 168 nations.”
“Economy-transforming artificial intelligence faces a rising battle between the Trump administration and progressive environmental groups, a major issue for the mid-term elections.”
Artificial intelligence is impacting the economy on a scale that may surpass changes from the internet revolution. Science, technology, energy, transportation, health care, industry, and business are being transformed at an accelerating pace. President Trump has emerged as an AI champion, but opposition is rising from progressive and environmental groups.
The term “artificial intelligence” was coined by John McCarthy at Dartmouth University in 1955. But it took 67 years until the introduction of ChatGPT in November of 2022 for AI systems to master the complexities of human language.…
The post Artificial Intelligence (AI): Economic Transformation, Politics Brewing appeared first on Master Resource.
Source: https://www.masterresource.org/goreham-steve/ai-economic-transformation-politics-battle/
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