Hello,




Read again, i correct about more of my philosophy about artificial
intelligence and about economic growth and more..

I am a white arab, and i think i am smart since i have also
invented many scalable algorithms and algorithms..


I think i am smart, and i am noticing that the following thoughts
of the following webpage below about artificial intelligence says the following:

"Compelling data reveal a discouraging truth about growth today. There
has been a marked decline in the ability of traditional levers of
production capital investment and labor to propel economic growth."

And it it says the following:

"Accenture research on the impact of AI in 12 developed economies
reveals that AI could double annual economic growth rates in 2035 by
changing the nature of work and creating a new relationship between man
and machine. The impact of AI technologies on business is projected to
increase labor productivity by up to 40 percent and enable people to
make more efficient use of their time."

Read more here so that to notice it:

https://www.accenture.com/ca-en/insight-artificial-intelligence-future-growth-canada

So it is in accordance with my previous thoughts below that
say the following:

More of my philosophy about budget spending and about the deficit and
about debt-to-GDP ratio and more..

I think i am smart, and i am still inventing my thoughts about budget
spending and about the deficit and about debt-to-GDP ratio, so i think
that the budget spending in its current form in USA is not able
to higher much more economic growth in an appreciable way, so i think
that the best way is to wait for artificial intelligence that will
enhance much more the situation, read what says McKinsey about it below,
so i think with artificial intelligence and with some form of smart
budget cuts etc., USA will be able to mitigate much more the problem of
deficit and debt-to-GDP ratio, so i think that we have not to be
pessimistic about USA, and i think that we have to be optimistic about
Canada too, and here is more proof about what i am saying:

McKinsey estimates that AI(Artificial intelligence) may deliver an
additional economic output of around US$13 trillion by 2030, increasing
global GDP by about 1.2 % annually. This will mainly come from
substitution of labour by automation and increased innovation in
products and services.

Read more here:

https://www.europarl.europa.eu/RegData/etudes/BRIE/2019/637967/EPRS_BRI(2019)637967_EN.pdf

More of my philosophy about the deficit and about debt-to-GDP ratio and
more..

I think i am smart, and i say that looking only at the debt-to-GDP ratio
is not sufficient so that to say that there is problem, since if you
look at Quebec and Canada , even with the Covis-19 crisis , Canada and
Quebec are keeping there deficits under control with smaller deficits,
so we can then say that as soon as this crisis of Covid-19 will end , so
Canada and Quebec will keep the deficits under control, so i think that
the future of Canada and Quebec will be good if there deficit will be successfully kept under control, and i think that they are smart and
they will keep the deficit successfully under control , so we have to be optimistic about Canada and Quebec.

You can read the following about Quebec so that to notice it:

https://thoughtleadership.rbc.com/quebec-to-spend-more-cuts-its-deficit-as-economy-rebounds/

And you can read this about Canada so that to notice it:

Canada sees smaller budget deficit, pushes promised spending to budget

https://www.reuters.com/markets/us/canada-outline-new-forecasts-fiscal-situation-inflation-surges-2021-12-14/


So in my following previous thoughts, USA is not keeping the deficit
under control and will not keep the deficit under control as Canada is
doing, so then USA has a problem, read my following previous thoughts so
that to notice:

And read my previous thoughts:

Canada’s debt-to-GDP ratio is alarming

Read more here:

Canada’s debt-to-GDP ratio is alarming. What happened the last time we
were in this situation?

https://www.thestar.com/business/opinion/2021/02/01/canadas-debt-to-gdp-ratio-is-alarming-what-happened-the-last-time-we-were-in-this-situation.html


More of my philosophy about the debt-to-GDP ratio of USA and more..

In USA, with a current debt-to-GDP ratio of 127%, which is expected to
rise to 277% by 2029, future economic growth of USA will not be as
robust as it has been in the past.

Read more here so that to notice it:

U.S. National Debt Expected To Approach $89 Trillion By 2029

https://www.forbes.com/sites/mikepatton/2021/05/03/us-national-debt-expected-to-approach-89-trillion-by-2029/?sh=1ca3b0555f13


Thank you,
Amine Moulay Ramdane.

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