U.S. economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investment
By Paul Wiseman
Consumer spending rose at a good clip in the third quarter, and business investment was up sharply, reflecting the AI boom.
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Artificial intelligence
Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.
AI is changing work, media and public services, raising questions about jobs, safety and regulation.
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