The White House Council of Economic Advisers has released a paper titled “Artificial Intelligence and the Great Divergence,” drawing parallels between the transformative impact of AI and the Industrial Revolution’s “Great Divergence,” where industrializing nations experienced accelerated growth compared to others. The document highlights the US’ leadership in AI investment, performance, and adoption, attributing this to the Trump administration’s initiatives in fostering innovation, infrastructure development, deregulation, and promoting technology exports. The paper examines AI’s potential effects on economic growth and the labor force, emphasising the rapid advancements in AI metrics, which are reportedly doubling every few months. It concludes by detailing President Trump’s commitment to maintaining America’s dominance in AI, underscoring the administration’s proactive measures to secure this leadership position.
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