US, China seen as top AI beneficiaries in new growth forecast from ‘Doctor Doom’ economist

The economist famously dubbed “Doctor Doom” for predicting the 2008 financial crisis has seemingly morphed into a bullish “Doctor Boom” with his latest economic outlook. Nouriel Roubini now predicts that a “Cambrian explosion” of technological advances – including artificial intelligence – could propel the US’ potential economic growth to 4 per cent by 2030, and as high as 10 per cent in less than a quarter-century, overshadowing Middle East oil shocks and other near-term headwinds. Framing A...

By Sylvia Ma