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Bangkok Post - Beyond the hype: Gauging AI"s true economic impact

According to tech leaders and many pundits and academics, artificial intelligence (AI) is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. For example, Goldman Sachs predicts that generative AI will boost global GDP by 7% over the next decade, and the McKinsey Global Institute anticipates that the annual GDP growth rate could increase by 3-4 percentage points between now and 2040. For its part, The Economist expects that AI will create a blue-collar bonanza. ....

Erik Brynjolfsson , Charles Hulten , Lindsey Raymond , Shakked Noy , Whitney Zhang , Danielle Li , Pascual Restrepo , Goldman Sachs , Mckinsey Global Institute ,

Don't Believe the AI Hype

According to tech leaders and many pundits and academics, artificial intelligence is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. For example, Goldman Sachs predicts that generative AI will boost global GDP by 7% over the next decade, and the McKinsey Global Institute anticipates that the annual GDP growth rate could increase by 3-4 percentage points between now and 2040. For its part, The Economist expects that AI will create a blue-collar bonanza. ....

Shakked Noy , Charles Hulten , Danielle Li , Lindsey Raymond , Erik Brynjolfsson , Pascual Restrepo , Whitney Zhang , Goldman Sachs , Mckinsey Global Institute ,

AI's Impact Depends Whether It Displaces Workers Or Augments Them

One of the most important debates today relates to the potential impact that Generative artificial intelligence (Gen AI) models will have on the U.S. labor market. ....

John Thornhill , David Autor , Darren Acemoglu , Zachary Kroff , Goldman Sach , Pascual Restrepo , Us Census Bureau , Financial Times , West Coast , Income Relative , Economist Zachary Kroff , Forbes Advisor ,

Could AI really boost labour productivity?

Could AI really boost labour productivity?
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Pascual Restrepo , David Autor , Daron Acemoglu , Mckinsey Global Institute ,