The Washington Post reported that significant investments in artificial intelligence (AI) in the United States have not yielded the anticipated economic growth, contradicting claims made by some economists. While certain analysts have argued that AI could account for half or more of the U.S. economic growth in recent years, these assertions are challenged by new evaluations from major financial institutions. As a result, the narrative surrounding AI's economic contribution may need to be reevaluated.

Analysts at Morgan Stanley and J.P. Morgan have asserted that the direct impact of AI development on U.S. economic growth over the past year is much closer to zero than the inflated estimates some have previously suggested. This perspective raises concerns about the current economic dependency on AI technologies, especially in light of historical assertions made during the Trump administration about an impending 'golden era' for the economy, which fueled desires for minimal regulation on technology.

Additionally, critics caution against the over-reliance on AI during this growth phase, fearing that it could lead to a potential collapse of an 'AI bubble.' By highlighting the discrepancies between different economic forecasts, the discussion emphasizes the need for more cautious and comprehensive regulation of the AI sector to mitigate risks associated with speculative investments in technology.