AIFortuneabout 2 hours ago
Workers' income share hits record low before AI boom
5 min read
Workers' share of U.S. income fell to 52.8%, the lowest since 1947, while corporate margins hit a record 14.9% of GDP. EY-Parthenon chief economist Gregory Daco says productivity gains protect margins, not income, and sees no floor for labor's share as AI investment concentrates gains.
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