JP Morgan says Artificial Intelligence (AI) will not save the US economy from a recession

<p>The head of JP Morgan’s of US equity and quantitative strategy appeared overnight on CNBC in an interview. </p><ul><li>He said advances in AI will not be enough to avert a US recession. </li><li>said AI will drive "massive productivity gains for the broader economy", but placed a timeline on this in around 3 to 4 years … "Not in the next 12 months."</li><li>said there are "so many" other headwinds to the economy to worry about</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.