🔁Mario Nawfal:
🇨🇳 CHINA’S AI SURGE COULD BOOST GDP, BUT NOT WITHOUT RISKS
Goldman Sachs now sees China adopting AI faster than expected, driven by breakthroughs like DeepSeek. If trends hold, AI could lift China’s GDP by 0.3 points annually by 2030, up from prior estimates.
Yet physical labor still dominates China’s workforce, limiting automation’s reach compared to the US.
AI adoption might front-load gains but cause short-term job shocks, especially in an already fragile labor market.
The workforce will shrink over the next 25 years, so Goldman says AI and robotics may become critical tools to support aging demographics and offset declining labor supply.
Source: Goldman Sachs
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
🇨🇳 CHINA’S AI SURGE COULD BOOST GDP, BUT NOT WITHOUT RISKS
Goldman Sachs now sees China adopting AI faster than expected, driven by breakthroughs like DeepSeek. If trends hold, AI could lift China’s GDP by 0.3 points annually by 2030, up from prior estimates.
Yet physical labor still dominates China’s workforce, limiting automation’s reach compared to the US.
AI adoption might front-load gains but cause short-term job shocks, especially in an already fragile labor market.
The workforce will shrink over the next 25 years, so Goldman says AI and robotics may become critical tools to support aging demographics and offset declining labor supply.
Source: Goldman Sachs
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
1 month ago
