AI TRENDS | Musk Says AI Could Double U.S. Economic Growth Next Year

Elon Musk said artificial intelligence will roughly double U.S. economic growth next year, lifting it from about 2% to about 4%. According to NS3.AI, the forecast is above Federal Reserve policymakers’ 2.4% growth projection for 2027, released on September 16. The claim comes as California advances AI oversight, while Geoffrey Hinton warned lawmakers that time to address AI risks may be limited.