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BANK OF AMERICA CEO: ACCUMULATED EFFECTS OF AI INVESTMENT ARE VISIBLE, RISK MANAGEABLE AND GROWTH FASTER
On December 24, according to Fortune, Bank of America CEO Brian Moynihan stated that artificial intelligence was 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. In an interview with Bloomberg TV yesterday, Moynihan said, "Ai's investment is building up this year and will be a larger contributor next year and beyond. AI is accelerating release effects, although not all..- 5.5k
Bank of America
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