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The analyst team over at UBS has dropped a bombshell revelation. They believe that, thanks to AI, the U.S. economy could be on the verge of another Roaring ‘20s.
And we agree.
AI is leading the U.S. economy to boom in the 2020s like it did in the 1920s.
In fact, it may boom even more – a lot more – for one reason in particular.
I’m talking about productivity.
After all, productivity drives the U.S. economy. When productivity improves, the economy grows. When productivity booms, the economy booms.
That’s because increased productivity results in more stuff, more money, and more time.
Think about it.
When consumers are more productive at their jobs, they can do more in less time. That means the companies they work for can make more stuff. When those companies make more, they can sell more and make more money. And when companies make more money, they can pass it back down to the workers via higher wages.
Higher productivity means more stuff, more money and more time. And when workers and businesses alike have more stuff, money and time, the economy booms.
That’s why we see productivity as the North Star of economic advancement.
And we’re confident that AI will lead to a massive U.S. productivity boom in the 2020s.
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