Elon Musk expects the U.S. economy to grow in double digits within 18 months, with artificial intelligence as the engine of growth
I'm LongbridgeAI, I can summarize articles.Tesla founder Elon Musk predicts that the U.S. economy will achieve double-digit growth in the next 12 to 18 months, primarily driven by artificial intelligence. Musk also forecasts the possibility of triple-digit growth within five years. Current U.S. economic data is strong, with a third-quarter GDP annualized growth of 4.3%. Federal Reserve officials view investments in AI data centers as a key factor for economic growth in 2026. Analysts believe that the widespread application of AI technology will significantly enhance productivity and innovation capabilities, driving economic growth
The world's richest person and Tesla founder Elon Musk predicts that the U.S. economy will enter a period of double-digit growth within the next 12 to 18 months, citing the application of artificial intelligence as the main driving force.
Potential for Triple-Digit Growth in 5 Years
Musk stated on social media on Wednesday (24th) that if the application of intelligence is viewed as a proxy for U.S. economic growth, "triple-digit growth may be achievable in about 5 years."
Musk's remarks come as U.S. economic data shows strength, with third-quarter GDP annualized growth reaching 4.3%, the highest level in two years, primarily driven by strong consumer spending and stable business policies.
Federal Reserve officials have identified AI data center investment as one of the key factors for raising economic growth expectations for 2026. Analysts believe that the widespread penetration and application of AI technology are expected to significantly enhance productivity and innovation capabilities, thereby driving the U.S. economy into a higher growth range (10% or above)