Will AI Stimulate The Cooling Economy? Not Any Time Soon

Today's economic growth numbers were underwhelming. Many economists predict that our economy will continue to grow throughout 2019, but that this economic growth will be at a lower rate than it was in 2018. Artificial intelligence will likely help boost economic growth in the long run, but will have little to no effect on economic growth over the next few years. The change in gross domestic product (GDP) is a well accepted metric for measuring economic growth. According to recently released data from the U.S. Bureau of Economic Analysis, third quarter GDP growth this year was 1.9 percent, down from second quarter growth of 2.0 percent and first quarter GDP growth of 3.1 percent.