0.1% to 1% leap, tenfold potential in ten years—this gap is the watershed between bubbles and value, and those betting on the long term must withstand short-term narrative fatigue.

Bank of America states in the report that artificial intelligence has improved productivity in specific, well-defined tasks, but has not yet been scaled up across the entire economy. Currently, productivity increases by about 0.1% annually, with a limited overall impact. In the long term, AI's potential could be about ten times higher than it is now, and in an optimistic scenario, it could boost global growth by approximately 1 percentage point annually over the next decade, bringing the global growth rate to 4.5%.