In his newest piece for Bloomberg, BWC Chair William C. Dudley discusses how a feared investment bubble in the Artificial Intelligence industry could still have a positive impact on the economy. Dudley argues that the massive capital being invested in AI infrastructure could lead to significant productivity gains and create new industries, benefiting the broader economy in the long term even if the investment bubble bursts.
To read more at Bloomberg, click here.
All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.

