It’s become a common narrative around the U.S. economy and AI firms: AI investment is propping up America. While there is an argument to be made that the stock market is, with the “Magnificent 7” tech firms making up a sizeable portion of the U.S. stock market’s gains over the past year, that idea doesn’t hold water with general economic growth. Indeed, Goldman Sach’s latest insight into the AI industry’s hundreds of billions of investment is that the effect on the U.S. economic growth so far is…
