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The diverse economic impacts of artificial intelligence
Thursday 20 March 2025
Investment Talks
The diverse economic impacts of artificial intelligence
March 2025 | Recent developments in AI highlight how quickly the tech sector evolves, impacting companies that have built competitive advantages and sparking investor enthusiasm in recent months. For these companies, the arrival of DeepSeek (China's new entrant in the field of AI) and of more efficient open-source AI models increases uncertainty regarding the future earnings path. However, from a macroeconomic standpoint, we see it as a possible turning point for AI adoption, showing that the AI theme is not over, but is evolving. The latest events align with our view that continued competition and innovation are likely to create winners and losers, and help broaden the benefits of the new technology across the economy by lowering barriers to entry, accelerating adoption, and creating new opportunities.
01 | The adoption of AI among businesses and households is progressing quickly, although it is still in its initial phases. There is considerable potential for wider implementation.
02 | Generally, advanced economies are readier than emerging ones to adopt AI. However, some emerging economies, such as China and a few Eastern European countries, are among the leaders in AI preparedness.
03 | Competition and innovation should help broaden the benefits of the new technology across the economy by lowering barriers to entry, accelerating adoption and creating new opportunities.
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Unless otherwise stated, all information contained in this document is from Amundi Asset Management US (Amundi US) and is as of March 11, 2025. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi US and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not a guarantee or indicative of future results. Amundi Asset Management US is the US business of the Amundi Asset Management group of companies.
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