AI's Economic Boost Isn't Showing Up in US GDP, Goldman Says
AI is transforming corporate America, yet the boom remains understated in government growth statistics, according to Goldman Sachs. From a report: Analysts at Goldman pointed to the scale of the boom in a Saturday note: "Revenue at US companies providing AI infrastructure has risen by $400 billion since 2022, which at first glance seems to suggest that AI has been a meaningful driver of economic growth recently." But official numbers tell a different story.
AI technology has lifted real US economic activity by about $160 billion since 2022, or 0.7% of GDP, the analysts calculated. Yet only around $45 billion, or 0.2% of GDP, of AI-spurred growth has been recorded in official statistics. That leaves roughly $115 billion uncounted, according to the analysts. That gap highlights the difference between what companies report and what the government measures due to the Commerce Department's Bureau of Economic Analysis method for calculating growth.
Read more of this story at Slashdot.
I drink wine for a living and try up to 400 types in a week. This is how I keep the alcohol bloat off my face, the diet I follow to stay healthy and what I use to maintain my glow: CHARLOTTE KRISTENSEN
If you came to my house without knowing who I was, you might worry. At any one time I have about 80 bottles of wines stored, split between 'work' and 'pleasure'.
Couple jailed for killing baby after fleeing through Essex
A fugitive aristocrat and her partner, who fled through Essex, have been jailed for the killing of their new-born baby while on the run.
Couple jailed for killing baby after fleeing through Essex
A fugitive aristocrat and her partner, who fled through Essex, have been jailed for the killing of their new-born baby while on the run.
Britain's strictest head blames 'woke ideology' for Oxford Union's president celebrating Charlie Kirk killing
Katharine Birbalsingh, founder of Michaela Community School in Wembley, said it was a 'product' of schools promoting Left-wing ideologies.
Prince Harry insists 'the British public are on my side' as he reveals Meghan told him: 'Just stick to the truth'
The Duke of Sussex has insisted that honesty is a rule he 'always' lives by because 'who would be stupid enough to lie?'
'Landmark' arena set to open in 3 years and 'put town on the map'
The arena is set to be the biggest indoor venue in Essex
Smart-blooded super soldiers: Coming soon from DARPA
We remind the world yet again that science fiction is usually a warning, not an aspiration
Look to science fiction and you'll find plenty of pathways to create super soldiers. There's cloning or genetic engineering. If that fails, you could try in-utero enhancements, or maybe some cybernetic augmentation. DARPA has a different idea for the real world: inject 'em up with super blood.…
Teenage girl faced with leg amputation after doctors dismissed rare cancer tumour as 'muscle ache'
At just 18-years-old, Gracie Butler didn't think anything of it when she started experiencing pains in her leg.
After being diagnosed with breast cancer, I decided to pack in overpriced wellness breaks. This is the traditional treatment I use instead - and why I believe it's helped me stay healthy and cancer-free
Following my breast cancer journey, I searched for breaks to support my wellbeing. But finding that many charge £1,000 per night, I was halted in my tracks - until I discovered some I could afford...
The plot to dump Keir Starmer and replace him with an even more Left-wing Labour alternative - and why it proves we must call a snap-election when he is inevitably ousted: DAN HANNAN
Only a lunatic could be so divorced from the real world. Yet that view seems to be the consensus among Labour MPs, who are now manoeuvring to replace the PM with a more socialist candidate.
Met Police plans to close half of London's police station front desks will 'undoubtedly' lead to spike in crime, union bosses warn
The force is proposing to permanently reduce the number of public-facing front counters from 37 to 19, despite the fact they were used to report 50,000 crimes last year.
Aimee Lou Wood joins Erin Doherty, Rita Ora and Catherine Zeta-Jones as they lead the British and Irish glamour at the 2025 Emmy Awards
This year's Emmy Awards saw a whole host of British and Irish acting legends as well as relative newcomers vying for gongs at the star-studded ceremony in LA.
Anthropic Finds Businesses Are Mainly Using AI To Automate Work
Businesses are overwhelmingly relying on Anthropic's AI software to automate rather than collaborate on work, according to a new report from the OpenAI rival, adding to the risk that AI will upend livelihoods. From a report: More than three quarters (77%) of companies' usage of Anthropic's Claude AI software involved automation patterns, often including "full task delegation," according to a research report the startup released on Monday. The finding was based on an analysis of traffic from Anthropic's application programming interface, which is used by developers and businesses.
[...] On the whole, Anthropic found businesses primarily use Claude for administrative tasks and coding, the latter of which has been a key focus for the company and much of the AI industry. Anthropic, OpenAI and other AI developers have released more sophisticated AI tools that can write and debug code on a user's behalf.
Read more of this story at Slashdot.
Condor Technology To Fly “Cuzco” RISC-V CPU Into The Datacenter
Once a hyperscaler or a cloud builder gets big enough, it can afford to design custom compute engines that more precisely match its needs. …
Condor Technology To Fly “Cuzco” RISC-V CPU Into The Datacenter was written by Jeffrey Burt at The Next Platform.
Moment furious woman shoves fellow train passenger's seat when she reclined her chair
This is the moment an angry-looking woman shoves a fellow train passenger's seat after she reclined her chair.
I've stopped buying my kids diet colas and yoghurts. This is the catastrophic hidden side effect they have on your MEMORY: DR ROB GALLOWAY
I once assumed the main downsides of sweeteners were fairly minor: they might upset your gut, causing bloating or diarrhoea, and they keep your palate hooked on sweet tastes.
Inside tragic boxer Ricky Hatton's health battles after his shock death at 46: How his biggest opponents were depression, drug and alcohol abuse and suicidal thoughts
Boxer Ricky Hatton will always be remembered as one of Britain's most inspiring fighters-both in and out of the ring.
'I went to Essex's outlet shopping village - and I think it rivals Bicester'
'I can't believe I had never been here before!'
Cat Deeley's M&S pleated skirt sold out immediately - we've found similar high street styles that look just as chic
Cat Deeley's Marks & Spencer pleated skirt sold out immediately after she graced screens on This Morning last week.