An AI productivity boom is upon us, and market watchers are excited

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

AI can process huge amounts of information quickly, speeding up decision-making and improving the efficiency of companies

. For example, asset managers can use AI to make astute investment decisions and any company with a complex supply chain will have a better grasp of inventories.

“It’s going to take a couple of years for those productivity gains to filter through the bottom line. But I think that’s going to be a key driver in the back half of this decade,” Mr. Schulze said. What’s more important to investors: While the bull market ended badly, the run-up was nothing short of remarkable. The Standard & Poor’s 500 IndexOptimism about an AI-fuelled rally may seem at odds with a stock market that has slumped since the summer as bond yields rise to new multiyear highs. The yield on the 10-year U.S. Treasury bond approached a high of 4.9 per cent this week, and economists expect yields could stay high for some time.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 31. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines