* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, July 26, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Top 5 entertainment news: Sandeep Reddy Vanga regrets trimming Animal’s runtime by 7-8 minutes, Akshay Ku – Times of India

    Top 5 Entertainment Highlights: Sandeep Reddy Vanga Reveals Why He Trimmed Animal’s Runtime by 7-8 Minutes, Plus Akshay Ku Updates

    Cote de Pablo reveals how Michael Weatherly used his soap opera roots to put her at ease in “NCIS” love scene – yahoo.com

    Cote de Pablo Reveals How Michael Weatherly’s Soap Opera Background Made Their “NCIS” Love Scene Easier

    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Eagle Unveils Revolutionary X-Ray Technology at Pack Expo

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Top 5 entertainment news: Sandeep Reddy Vanga regrets trimming Animal’s runtime by 7-8 minutes, Akshay Ku – Times of India

    Top 5 Entertainment Highlights: Sandeep Reddy Vanga Reveals Why He Trimmed Animal’s Runtime by 7-8 Minutes, Plus Akshay Ku Updates

    Cote de Pablo reveals how Michael Weatherly used his soap opera roots to put her at ease in “NCIS” love scene – yahoo.com

    Cote de Pablo Reveals How Michael Weatherly’s Soap Opera Background Made Their “NCIS” Love Scene Easier

    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Eagle Unveils Revolutionary X-Ray Technology at Pack Expo

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

AI could be the best long-term disinflationary force in a challenging global economy

July 23, 2024
in Business
AI could be the best long-term disinflationary force in a challenging global economy
Share on FacebookShare on Twitter

Inflation has moderated from peak levels last year, but as recent numbers show, it’s still not as low as anyone would like it to be. The Federal Reserve has done its part by raising interest rates 11 times and keeping them at 23-year highs. Will it be enough? Perhaps, but some economists say we’re in a new era of higher inflation driven by sweeping global trends.

Whether it’s permanent or temporary, costs are rising due to multiple forces, including onshoring and near-shoring initiatives, ongoing trade tensions with China, the transition to green energy, a tighter labor supply, higher wages, and an aging population pushing up healthcare expenses. Our current predicament illustrates that society needs other ways to fight rising costs.

Artificial Intelligence (AI) could be the answer. Technology has served as a disinflationary force before—the microchip is one stellar example. Today, AI could serve as a disinflationary counterweight in a world where inflationary shocks are the new normal.

Back to the Future? Not this time

For much of the last 25 years, productivity increases kept inflation low. I’m not talking just about labor productivity, but output as well. Every dollar of input has grown in terms of output, much of it on the back of offshoring.

Relying on cheaper production capacity in places such as China, Vietnam, India, and beyond has been a key tool available to Western companies, and that movie is coming to an abrupt end. For the next 20 to 30 years, most inputs will be inflationary, and the only real weapon we have to counter them is AI.

In some respects, the slump has already started. From 2012 to 2019, the average annual U.S. productivity rate was below 1%, dragged down by an overall decline in net investment as a percentage of GDP, a slowdown in offshoring of manufacturing and services, and fewer gains from automation now that many of the initial low-hanging opportunities have been taken.

Going forward, companies will have little choice but to look to AI and GenAI to drive productivity. And over the long term, it will probably be either the only—or at least the best—lever available.

Even before GenAI takes hold, the predictions about its productivity impact have been optimistic. McKinsey thinks AI could add $4.4 trillion in corporate profits annually. (For context, the U.K.’s GDP is $3 trillion). And Nielsen thinks GenAI could boost labor productivity by 66%. However, no one really knows. These estimates aren’t as important as what AI can do for specific industries—and those performances will vary.

Productivity gains are likely to be correlated to the level of digitization achieved by each industry. Sectors such as transportation, logistics, and agriculture won’t see the same uplift as retail, technology, media, and professional services.

A decade of AI

Many companies have started seeing the benefits of AI. They’re relying on it not to replace human judgment but to remove heavy cognitive workloads so people can work better, smarter, and more efficiently. It’s about pulling humans into the loop and accelerating the ability to test and learn with data-driven decisions.

Our industry has been using AI for almost a decade, from providing seamless end-to-end efficiencies in our supply chain and logistics to helping us manage our network more effectively through automation. We’ve been applying AI in our network buildout and plotting the most optimal 5G coverage, to name just a few examples. What’s more, in customer service, AI assists our employees so they spend less time hunting down information and more time in a personalized interaction, resolving issues with the customer and fine-tuning service offers.

More broadly, AI is remaking the healthcare industry with advances in imaging diagnostics and the development of new therapies. In real estate, AI is accelerating response times to property listing inquiries to support sales. In investing, AI is opening new research paths for improved analytics. These efficiencies, along with the networks that enable them and even more sophisticated computing, will drive the next 20 to 30 years of productivity gains in America. AI is making all that happen, but it’s going to be an important challenge for society to get it right.

A long, exciting road ahead

While many AI efficiency benefits are evident today, we are still far from realizing its full potential. In my lifetime, I’ve never seen a bigger gap between technology and adoption. The technology that’s already available is incredibly sophisticated, especially around GenAI. And adoption is going to take time. Look at electric cars: they have been around since the 1800s but only recently have they started to enter the mass market.

There’s a lot of work to be done. For example, most of AI’s value sits in specialized data sets in vertical models that either don’t exist today or are still being built. This is a widespread problem among large companies that ingest billions of bits of data daily. And building a single platform in a way that’s privacy-safe and data-intelligent is no small feat.

But change is coming. The companies that start on their AI journey now—or have already started—will be well-positioned to drive the productivity gains that will be the key to a low-inflation environment for the next 20 years.

More must-read commentary published by Fortune:

Women can’t fix the ‘broken rung’ unless they acknowledge the role they play in workplace bullying and discrimination

Tech billionaires’ Trump-Vance dance is missing the point: You can’t always get what you want

Gen Z’s enthusiasm for all things touchable is resurrecting the analog economy—and costing parents

Nokia CEO: Europe shouldn’t be afraid to back its innovation champions

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

Recommended Newsletter: CEO Daily provides key context for the news leaders need to know from across the world of business. Every weekday morning, more than 125,000 readers trust CEO Daily for insights about–and from inside–the C-suite. Subscribe Now.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Fortune – https://fortune.com/2024/07/23/ai-best-long-term-disinflationary-force-challenging-global-economy-artificial-intelligence-tech-economy/

Tags: businessdisinflationaryLong-term
Previous Post

The SEC bungled a crypto lawsuit. Then came an alleged kidnapping in Dubai—and questions about $400 million of investor funds

Next Post

Eric Engels: signs of impatience with rebuilding possible as early as this year

Yellowstone aspen showing signs of recovery following 1995 reintroduction of wolves to park – Oregon State University

Yellowstone Aspen Thriving Again Years After Wolves Were Reintroduced

July 26, 2025
CMC trustees approve new biological science bachelor’s degree – KUNC

CMC Trustees Approve Exciting New Bachelor’s Degree in Biological Sciences

July 26, 2025
By cutting science, the Defense Department is eating its seed corn – Defense News

Cutting Science Funding: How the Defense Department Is Jeopardizing Tomorrow’s Innovation

July 26, 2025
Opinion | Lifestyle Interventions Should Not be Replaced by GLP-1s – MedPage Today

Why Lifestyle Changes Must Stay the Cornerstone-Not GLP-1s

July 26, 2025
World’s most premature baby celebrates first birthday – The Guardian

World’s most premature baby celebrates first birthday – The Guardian

July 26, 2025
Idaho’s first geological engineering degree to power workforce, economy – Bonner County Daily Bee

Idaho Launches Its First Geological Engineering Degree to Boost Workforce and Drive Economic Growth

July 26, 2025
Top 5 entertainment news: Sandeep Reddy Vanga regrets trimming Animal’s runtime by 7-8 minutes, Akshay Ku – Times of India

Top 5 Entertainment Highlights: Sandeep Reddy Vanga Reveals Why He Trimmed Animal’s Runtime by 7-8 Minutes, Plus Akshay Ku Updates

July 26, 2025

How do the microplastics in our bodies affect our health? – BBC

July 26, 2025
Democratic candidates are posting weightlifting videos in search of a midterm lift – CNN

Democratic Candidates Pump Up Midterm Momentum with Weightlifting Videos

July 26, 2025

Eagle Unveils Revolutionary X-Ray Technology at Pack Expo

July 26, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (740)
  • Economy (764)
  • Entertainment (21,645)
  • General (16,122)
  • Health (9,802)
  • Lifestyle (772)
  • News (22,149)
  • People (766)
  • Politics (773)
  • Science (15,979)
  • Sports (21,261)
  • Technology (15,746)
  • World (747)

Recent News

Yellowstone aspen showing signs of recovery following 1995 reintroduction of wolves to park – Oregon State University

Yellowstone Aspen Thriving Again Years After Wolves Were Reintroduced

July 26, 2025
CMC trustees approve new biological science bachelor’s degree – KUNC

CMC Trustees Approve Exciting New Bachelor’s Degree in Biological Sciences

July 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version