Musk endorses Wood’s view that AI could drive GDP growth beyond 7%-8%
AI Summary- Elon Musk endorsed Cathie Wood’s projection that AI could lift long-term real GDP growth.
- ARK Invest expects 7%-8% annual growth over five years, above Federal Reserve projections.
- Federal Reserve officials estimated 2026-2028 growth at 2.3%, 2.4% and 2.2%, respectively.