U.S. economic data indicates significant productivity gains driven by artificial intelligence, according to National Economic Council Director Brian Deese. In a CNBC interview, Deese noted that the country's GDP growth is approaching 4%, potentially creating 100,000 to 150,000 new jobs each month. On-chain data supports the notion that the Federal Reserve is behind in implementing rate cuts. Deese described the GDP report as a "great Christmas gift" for Americans, highlighting the positive impact of AI on the economy.
U.S. AI-Driven Productivity Boosts GDP Growth, Says Economic Council Chief
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