Goldman Sachs, one of the largest investment banks in the USA and the world, attracted attention with the report it shared recently. The giant investment bank mentioned the increasing investments in artificial intelligence (AI) in its report on Tuesday. According to analysts, investments in AI could accelerate growth in the American economy.
Goldman Sachs experts Devesh Kodnani and Joseph Briggs made the following statements in their artificial intelligence report:
- Artificial intelligence technology has enormous economic potential. With this technology, global workforce productivity could increase by more than 1% per year.
- Companies that want to benefit from the field of AI need to make an upfront investment in physical, digital and human capital.
- Long-term investments are likely to reach up to 4% of US GDP data.
- Global AI investments are likely to reach $200 billion by 2025.
- The technology in question will have a major impact on the US economy in 2030.
The report, announced by the giant investment bank, turned the eyes of crypto investors to related altcoin projects. If the expectations of Goldman Sachs experts become reality, artificial intelligence-based altcoin projects can have a large share of these investments.
Which Altcoin Projects Are Associated with Artificial Intelligence (AI)?
According to the list of crypto tracker CoinGecko, there are many altcoins related to the area in question. The ranking of the largest AI technology-related altcoins by market cap is as follows:
- 68. Render (RNDR)
- 130. SingularityNET (AGIX)
- 154. Fetch.AI (FET)
- 196. Ocean Protocol (OCEAN)
- 219. Akash Network (AKT)
When we take a look at the general ranking of these altcoin units, it is noteworthy that none of them are in the top 50. If the investments that Goldman Sachs experts predict are accompanied by a rally in the crypto money market, these altcoins may witness great rises.
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