Steve Moore: AI Will Be a Major Plus for the U.S. Economy

‘Every new innovation, whether it’s the wheel or electricity or the internet or automobile, leads to more jobs, not less’

EXCERPT:

MOORE: “AI is going to — it’s certainly going to cause a transition, Stuart, in terms of what kind of jobs we have, but overall, it will be a major plus for the U.S. economy. Incidentally, if you look at the top 12 companies now that are in the lead on — on AI, as you know, we’re in a big race against China. 10 of those 12 are in the United States, and only two of them are in China. So right now it looks like we’re winning that race, but it’s close. It’s like the Indy 500. I mean, China is doing its best to catch up.”

 

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