Global Economy Headed , for Era of Economic Growth, , Goldman Sachs Economist Predicts.br Business Insider reports that the global economy may be br headed toward an era of new growth, driven by the advent br of artificial intelligence and the push for decarbonization.br Business Insider reports that the global economy may be br headed toward an era of new growth, driven by the advent br of artificial intelligence and the push for decarbonization.br According to Goldman Sachs analyst Peter Oppenheimer, br the global economy is headed for another br "long boom" as interest rates and inflation peak.br Last year, tech companies ruled the market as the br AI sector boomed, with firms like Nvidia and Meta br seeing triple-digit gains in their stock values.br Last year, tech companies ruled the market as the br AI sector boomed, with firms like Nvidia and Meta br seeing triple-digit gains in their stock values.br Last year, tech companies ruled the market as the br AI sector boomed, with firms like Nvidia and Meta br seeing triple-digit gains in their stock values.br Oppenheimer suggests that Wall Street remains br optimistic about where AI will take markets in 2024 br as the technology reaches more sectors of the economy.br Compared to the tech giants of the early 70s and the br Japanese tech bubble of the 80s, companies at the br center of the AI boom are already much more profitable.br Compared to the tech giants of the early 70s and the br Japanese tech bubble of the 80s, companies at the br center of the AI boom are already much more profitable.br They're already much more br profitable. So I think this is a story br that can run and have quite a big br impact for some time to come, Peter Oppenheimer, Goldman Sachs analyst, br via CNBC's 'Squawk Box Europe'.br Business Insider reports that the world's br decarbonization efforts will be the other major br driver of the coming cycle of economic growth.br According to Oppenheimer, developments in tech br will be driven by the changing physical demands br of our world amid worsening climate change.br According to Oppenheimer, developments in tech br will be driven by the changing physical demands br of our world amid worsening climate change.br Due to the world's warming climate, governments br and economies are being pushed toward br restructuring and modernizing. .br Oppenheimer suggests that this push to br adapt to climate change will usher in br a new phase of global economic growth.