The Zhitong Finance App learned that according to a research paper published by Federal Reserve staff, demand for artificial intelligence (AI) has driven a surge in US data center investment and raised the prices of some technology inputs, but its impact on overall productivity and employment is still limited. This means that the current AI boom is driving the US economy more reflected in the increase in investment brought about by data center construction and procurement of chips and related equipment, and whether AI technology can actually be transformed into a wide range of enterprise efficiency improvements and productivity dividends has yet to be tested over time.

The Zhitong Finance App learned that according to a research paper published by Federal Reserve staff, demand for artificial intelligence (AI) has driven a surge in US data center investment and raised the prices of some technology inputs, but its impact on overall productivity and employment is still limited. This means that the current AI boom is driving the US economy more reflected in the increase in investment brought about by data center construction and procurement of chips and related equipment, and whether AI technology can actually be transformed into a wide range of enterprise efficiency improvements and productivity dividends has yet to be tested over time.