Musk endorses Wood’s view that AI could drive GDP growth beyond 7%-8%

Verifying
  • 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.
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