AI adoption lag could explain productivity shortfall – research
There are reasons to be hopeful about productivity, authors argue
Technological progress seems to be appearing everywhere except in the productivity statistics, but it may just be a question of time, according to research by Erik Brynjolfsson, Daniel Rock and Chad Syverson.
The authors highlight the proliferation of “astonishing examples of potentially transformative new technologies”, with artificial intelligence being the most prominent example, in their view. But the progress is not yet appearing in productivity growth, which remains sluggish across much
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