Forbes4 weeks agoArtificial intelligenceArtificial Intelligence 2024: Smarter But More ExpensiveAI technology poised for unprecedented productivity growth, but hindered by limits and guardrails. [ more ]
The Times of India1 month agoArtificial intelligenceWill artificial intelligence boost productivity? Companies sure hope so. | India News - Times of IndiaArtificial intelligence is increasingly powering American customer experiences. Productivity growth through AI technology is seen as crucial for companies and economic growth. [ more ]
www.nytimes.com1 month agoArtificial intelligenceWill A.I. Boost Productivity? Companies Sure Hope So.AI is increasingly integrated into American customer experiences but its efficiency impact is uncertain. Productivity growth from AI can lead to profits despite wage increases or investments, benefiting economies. Many economists doubt that AI, especially generative AI, has significantly impacted productivity growth yet. [ more ]
IMF5 months agoArtificial intelligenceThe Macroeconomics of Artificial IntelligenceOur decisions today will determine how AI affects productivity growth, income inequality, and industrial concentration AI has the potential to transform the economy, but its future is uncertain and depends on policy decisions [ more ]
www.theguardian.com2 months agoUK politicsThere is no money' could be Hunt's own note to next chancellor | Larry ElliottThe British economy has faced challenges like low productivity, austerity policies, and economic underperformance. Former Prime Minister Gordon Brown criticizes the Conservative government's austerity approach for failing to improve the economy. [ more ]
The Economist5 months agoProductivityJeremy Hunt wants to fix Britain's public-sector productivityBritish productivity growth has been weak since 2008, especially in the public services. Public-sector productivity grew by just 0.2% a year on average between 1997 and 2019. Improving public-sector productivity is a priority for the chancellor, Jeremy Hunt. [ more ]