Elon Musk predicts AI will double US economic growth to 4%

Elon Musk stated that AI could double US GDP growth to approximately 4% next year, a figure significantly higher than the Federal Reserve's 2.4% projection for 2027. While AI investment currently focuses on infrastructure like chips and data centers, California Governor Gavin Newsom has signed an executive order to implement AI safety measures, including an "AI kill switch," as concerns over the technology's rapid development grow.