BUSINESS INTELLIGENCEAI and Big Tech: The Winners and Losers of a Decreasing Interest Rate CycleHow lower interest rates will shape innovation and competition. Despite inflationary pressures, big tech has leveraged advancements in AI to bring intelligent enhancements to their product lines. Persevering through inflationBig tech has endured a steadily increasing Fed interest rate environment that has resulted in considerable headwinds for profitability. A decreasing interest rate environmentTo combat an economic slowdown, the rising federal interest rate is expected to soon be abating, leading to a decreasing interest rate cycle. While it can be easy for decreasing interest rates to fuel optimism, the potential for…

Source: Forbes December 31, 2023 08:44 UTC