A new study by economist Daron Acemoglu suggests that Generation AI could bring about 'modest' productivity and GDP gains in the next decade. While these gains are lower than some predictions, the study highlights that AI could lead to the creation of new tasks and accelerate scientific advancements, potentially boosting growth beyond the estimated figures.
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
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Recent reports from @GoldmanSachs and @McKinsey_MGI suggest that AI will bring massive productivity gains over the next decade. But @DAcemogluMIT's analysis of the data tells a very different story. https://t.co/tKe2JPcJaj