On December 24, according to Fortune Bank of AmericaAccording to CEO Brian Moynihan (Bank of America), artificial intelligence is having a more significant impact on the United States economy, which is expected to grow at a rate of 2.4% next year, up from about 2% in 2025。
Moynihan, in a TV interview with Bloomberg yesterday, said:AI InvestingThis year has accumulated, and next year and beyond will be a larger contributor。AI THE RELEASE EFFECTS ARE ACCELERATING AND, ALTHOUGH NOT ALL OF THEM ARE ATTRIBUTABLE TO AI, THE MARGINAL EFFECTS ARE QUITE STRONG. I'M SORRY
At the same time, he noted that the weakness of the job market was more like a return to normalcy than a sharp deterioration。
Moynihan mentions that, despite the recent billions of dollars attracted by companies like OpenAI and others, the market has been enthusiastically investing in the industry, but "overall risks" are manageable。
HE STRESSED THAT EVEN IF THE AI INDUSTRY RETREATED AFTER OVERHEATING, THE IMPACT ON CONSUMERS AND EMPLOYMENT WAS RELATIVELY LIMITED, AS THE AREA WAS DOMINATED BY A SMALL NUMBER OF COMPANIES; AS A LENDER, UNITED STATES BANKS WOULD REVIEW THE LEVEL OF LEVERAGE FOR THE PROJECT AND THE DURATION OF THE CONTRACT WITH DATA CENTRE USERS TO ENSURE THAT THE RISKS WERE ACCEPTABLE。
In response to the former Amazon founder, Jeff Bezos, who warned AI about spending or "industrial bubbles", Moynihan's judgment was more robust, arguing that the medium- and long-term social dimension would continue to benefit。
At the self-service level, the Bank of the United States launched the smart guest service "Erica" in 2018, and the number of questions that can be answered has increased from 200 to 700. Moynihan states that he will continue to advance "automated or enhanced intelligence" in his operations, with the help of AI to enhance efficiency and output and enhance digital capabilities within and outside the bank。