
Contrary to reports suggesting significant productivity gains from AI in the next decade by Goldman Sachs and McKinsey, MIT economist Daron Acemoglu's analysis paints a different picture, estimating only a modest impact on economic growth. Acemoglu's study on AI's effect on productivity and GDP forecasts a more conservative outlook compared to other optimistic projections.
New study by econ Daron Acemoglu estimates Gen AI could lead to 'modest' productivity and GDP gains over next decade. While far lower than some forecasts, AI creating new tasks + revolutionizing scientific progress could drive faster growth not included in the calculations.👇 https://t.co/Ku3pSqfEZH
📌 How has AI affected your productivity?
⚡️ What's one way AI helps you be more efficient?
