Technology, Economic, FMOC Corey Hubbard Technology, Economic, FMOC Corey Hubbard

AI's Potential to Address the Impending US Debt Crisis?

The specter of a significant fiscal crisis looms over the United States, a concern echoed by experts like economist Kenneth Rogoff and historian Niall Ferguson in discussions on platforms such as the "Goldman Sachs Exchanges" podcast. While the specific contours and timing of such a crisis remain subjects of intense debate, the underlying fiscal trajectory gives rise to considerable apprehension. In this challenging economic landscape, a crucial question emerges: Could Artificial Intelligence (AI), particularly through advanced machine learning algorithms, serve as a positive and pivotal force in correcting, or at least significantly mitigating, the USA's forthcoming debt crisis?

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