AI-led growth offers ‘way out’: Goldman Sachs CEO David Solomon joins JPMorgan’s Jamie Dimon on US national debt problem
Goldman Sachs CEO David Solomon expressed serious concerns about the US's $38 trillion national debt, particularly its rising debt-to-GDP ratio. He believes accelerating economic growth, potentially driven by AI technology, is crucial to avert a financial reckoning. Solomon highlighted AI's productivity potential, while also acknowledging Donald Trump's 'gold card' debt-reduction proposal.
Goldman Sachs CEO David Solomon expressed serious concerns about the US's $38 trillion national debt, particularly its rising debt-to-GDP ratio. He believes accelerating economic growth, potentially driven by AI technology, is crucial to avert a financial reckoning. Solomon highlighted AI's productivity potential, while also acknowledging Donald Trump's 'gold card' debt-reduction proposal.
