With his interest first piqued as early as 2011, Epstein was ahead of the game on crypto. The financier understood it as a tool for clandestine payments and shady international finance, and found prominent community members more than willing to welcome him. Bitcoin wasn't even invented until 2009, which means all of Epstein's crypto connect …
The Penn-Wharton model found in a preliminary analysis that AI could reduce deficits by $400 billion by 2035. But the Congressional Budget Office framed AI and associated investment as wild cards in determining the U.S. fiscal and economic outlook. While the CBO projects AI will enhance total productivity by 1% in the next decade, its most recent budget report conceded that this prediction was “highly uncertain.” If adoption is slow or costs higher than anticipated, it would significantly alter GDP growth and, consequently, government revenue.
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