AI TRENDS | Goldman Sachs: AI-Driven Cost Increases Add Over 0.2 Percentage Points to U.S. Core PCE Inflation

Goldman Sachs said the combined effect of price increases in memory, software, and electricity driven by artificial intelligence was contributing more than 0.2 percentage points to year-over-year U.S. core PCE inflation. According to Jin10, Goldman Sachs added that this contribution would rise to 0.5 percentage points by the end of the year.