Economists at Goldman Sachs and JPMorgan report the AI boom contributed “basically zero” to US economic growth in 2025, challenging claims of up to 92% growth
Massive investment in AI contributed “basically zero” to U.S. economic growth last year, Goldman Sachs has calculated.
Netflix says its ad-supported tier now has 94M MAUs, up from 70M in November 2024, and reaches more 18- to 34-year-olds than any US broadcast or cable network
It says it is testing the types of advertisements its subscribers are willing to endure. If you want to opt out you have to pay more money. — The enshittening of Netflix is almost complete — http...
Evident: at some banks, about 40% of all open job roles are AI-related; JPMorgan advertised 3,651 AI-related roles from February 2023 through April 2023
Deutsche Bank AG is using artificial intelligence to scan wealthy client portfolios. ING Group NV is screening for potential defaulters.
JPMorgan: 53% of institutional traders predict AI/ML will be the most influential tech for trading in the next three years; 72% have no plans to trade crypto
JPMorgan: 53% of institutional traders predict AI will be the most influential technology for trading in the next three years; 72% have no plans to trade crypto
Traders are betting artificial intelligence and machine learning will have the biggest impact on financial markets in the coming years.