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The Penn-Wharton model found in a preliminary analysis that AI could reduce deficits by $400 billion by 2035. But the Congressional Budget Office framed AI and associated investment as wild cards in determining the U.S. fiscal and economic outlook. While the CBO projects AI will enhance total productivity by 1% in the next decade, its most recent budget report conceded that this prediction was “highly uncertain.” If adoption is slow or costs higher than anticipated, it would significantly alter GDP growth and, consequently, government revenue.
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Explicit backpressure policies
The band on the stadium concourse were playing a familiar tune in the immediate aftermath of England’s latest debacle on Saturday. “Zombie! Zombie!” the vocalist sang, ostensibly in tribute to Ireland’s record 42-21 victory at Twickenham. Alternatively he might just have been riffing on the horribly listless, blank-eyed performance that ended England’s Six Nations title hopes for another year.