高盛VS美银调查：AI是“20万亿机遇”还是“最大尾部风险”？

市场资讯10-16

来源：金十数据　　尽管越来越多的分析师和投资者担心人工智能领域的投资越来越像2000年的互联网泡沫，但高盛并不认同。这家金融服务公司在本周给投资者的一份报告中指出，它相信AI的故事才刚刚开始，而且如今看起来巨大的投资，未来将被AI带来的益处远远超越。　　分析师们写道：“生成式AI所承诺的巨大经济价值，证明了当前对AI基础设施的投资是合理的，而且只要企业预期今天的投资将在长期内产生超额回报，总体...

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risk\"?","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VS":1.5},"content_text":"来源：金十数据\n　　尽管越来越多的分析师和投资者担心人工智能领域的投资越来越像2000年的互联网泡沫，但高盛并不认同。这家金融服务公司在本周给投资者的一份报告中指出，它相信AI的故事才刚刚开始，而且如今看起来巨大的投资，未来将被AI带来的益处远远超越。\n　　分析师们写道：“生成式AI所承诺的巨大经济价值，证明了当前对AI基础设施的投资是合理的，而且只要企业预期今天的投资将在长期内产生超额回报，总体AI投资水平似乎是可持续的。”\n　　高盛认为，AI将在提高生产力方面产生的长期价值，远高于前期成本。它表示，从长远来看，AI的普及可以为美国经济增加20万亿美元的价值。高盛称，如果部署得当，AI已经开始带来这些生产力的提升。\n　　并非所有人都同意这一看法。Meta公司前高管、英国政治家尼克·克莱格（Nick Clegg）对消费者新闻与商业频道（CNBC）表示，他认为AI市场“相当高”的修正调整可能会发生，并补充说：“现在几乎每天、每小时都在进行交易，这简直是一种绝对的狂热。”\n　　近期美国银行的调查反映出人工智能泡沫被视为最大的“尾部风险”，其次是通胀重燃，以及对美联储独立性丧失和美元贬值的担忧，而“做多黄金”被认为是最拥挤的交易。\n　　美国银行策略师迈克尔·哈内特（Michael Hartnett）表示，对人工智能的不安以及对私人信贷市场的担忧，正在抑制“全面看涨”的情绪。\n　　然而，高盛并不同意这种观点。它表示，根据潜在的长期回报来看，当前的AI资本支出并非一个令人担忧的问题，事实上是恰当的。\n　　高盛写道：“生成式AI似乎仍将迅速加速任务自动化，从而节省劳动力成本并提高生产力。我们的基线估计表明，在全面普及后，美国全经济范围的劳动生产率将总共提升15%。”\n　　高盛预计这种普及将在未来10年内实现。\n　　高盛指出，唯一可能的障碍在于，投资者在这一过程的早期阶段重金押注于某些公司。在这种竞争中，先行者并不总是最终的赢家。\n　　高盛分析师写道：“当前的AI市场结构对于今天的AI领导者是否会成为长期的AI赢家，提供的清晰度不高。”\n\n\n海量资讯、精准解读，尽在新浪财经APP\n\n责任编辑：何俊熹","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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