AI's Promise and Peril: Economist Sees Productivity Boom But Also Inequality Risks From Automation

Jan Hatzius, Goldman Sachs chief economist, is optimistic about AI boosting US economic growth by making workers more efficient
AI tools like chatbots can help workers be more productive by assisting with research, writing, presentations, etc.
However, AI may also destroy some jobs by automating certain tasks currently done by humans
AI is expected to significantly boost productivity to offset stagnating labor forces from retiring boomers
But AI's economic benefits may not reach everyone equally, risking increased inequality