Do Markets Believe in Transformative AI?

marginalrevolution.com/marginalrevolution/2025/09/do-markets-believe-in-transformative-ai.html

No:
Economic theory predicts that transformative technologies may influence interest rates by changing growth expectations, increasing uncertainty about growth, or raising concerns about existential risk. Examining US bond yields around major AI model releases in 2023-4, we find…

This story appeared on marginalrevolution.com, 2025-09-15 18:16:42.
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