Fri, December 6, 2024
[ 07:58 PM ] - United States, thenightly
BlackRock unveils 2025 predictions, says artificial intelligence will eliminate 'boom and bust' cycles
- Global giant BlackRock believes that the business cycle is dead
- and AI has a huge role to play in the coming year.
BlackRock, a leading global investment firm, has released its predictions for 2025, highlighting the transformative impact of artificial intelligence (AI) on economic cycles. According to BlackRock, AI is expected to significantly reduce the traditional boom-and-bust cycles by enhancing productivity, optimizing resource allocation, and improving decision-making processes across various industries. The firm suggests that AI will lead to more stable economic growth by smoothing out economic fluctuations through better forecasting, risk management, and operational efficiencies. This shift is anticipated to change investment strategies, with a focus on sectors that leverage AI for competitive advantage, potentially leading to a more resilient and adaptive global economy.
Read the Full thenightly Article at:
[ https://thenightly.com.au/business/blackrock-unveils-2025-predictions-says-artificial-intelligence-will-eliminate-boom-and-bust-cycles-c-16995486 ]
Read the Full thenightly Article at:
[ https://thenightly.com.au/business/blackrock-unveils-2025-predictions-says-artificial-intelligence-will-eliminate-boom-and-bust-cycles-c-16995486 ]
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