UDC 004.9

ECONOMIC AND MARKET PROSPECTS OF ARTIFICIAL INTELLIGENCE: AN ANALYTICAL REVIEW Economic and Market Prospects of Artificial Intelligence: An Analytical Review

Published in JOURNAL OF MONETARY ECONOMICS AND MANAGEMENT · Issue Специальный выпуск №2, 2025 · Pages 234–238 · Rubric: SCIENTIFIC ARTICLES
DOI: https://doi.org/10.26118/2782-4586.2025.53.25.089
Received: 08.02.2026 Accepted: 12.02.2026 Published: 12.02.2026
This article analyzes the key points of the Vanguard research report "Economic and Market Outlook for 2026: AI Enthusiasm – Economic Boom, Stock Market Bust." It examines the macroeconomic implications of accelerated adoption and investment in artificial intelligence (AI) over the medium term. The focus is on AI's potential for productivity growth in the US and globally, the risks of overheating in the technology segment of the stock market, and the formation of an optimal investment strategy under these new conditions. Based on Vanguard's data analysis and modeling, the article substantiates the thesis of a divergence between AI's positive economic effect and the subdued long-term return expectations for US growth stocks. It concludes by advocating for a reallocation of portfolio investments towards high-quality bonds, US value stocks, and developed markets outside the US.
artificial intelligence, macroeconomic forecast, labor productivity, stock market, investment strategy, technology cycle
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