AIFortuneabout 4 hours ago
Acemoglu: AI delivers 0.55% productivity gain over decade
8 min read
Nobel laureate Daron Acemoglu estimates AI will deliver 0.55% total factor productivity gain over the next decade. He finds only 20% of current AI discourse intellectually serious. About 5% of tasks will be profitably automated, leading to a 1% to 1.5% GDP increase. The figure contrasts with Wall Street's higher projections.
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