AI is lowering the cost of producing software. It is not lowering the cost of every good decision around that software, nor ...

Much of the AI conversation has centered on productivity, but productivity may only be the first-order effect.​ ...

A new study by MIT Professor of Economics Daron Acemoglu finds that AI will offer no more than a 0.71% increase in economic productivity over the next decade. Acemoglu joins Market Domination Overtime ...

Welcome everyone. I am thrilled to join you today for our next emerging Tech Economic Research Network event. I’m Louise Willard, and I serve as the Executive Vice President and Chief Information ...

A new report shows that a shrinking labor supply could provide headwinds for the productivity gains projected from AI Terry Lane is a writer for Investopedia with 25 years of experience in journalism ...

Productivity growth occurs when an economy can generate more output from the same amount of inputs, more from fewer inputs, or even the same output from fewer inputs. In other words, an economy ...

Labor productivity growth surged in the U.S. during the pandemic but then slowed as the economy recovered. In our recent Economic Letter, “Productivity During and Since the Pandemic,” we find that ...

Large cuts to government-funded research and development can endanger American innovation – and the vital productivity gains it supports. The Trump administration has already canceled at least US$1.8 ...

An important contributor to economic growth is increasing productivity, output per hour worked. Productivity influences unit labor costs which, in turn, influences inflation. Productivity grew in the ...

Last week made the economy look a little less fragile. It did not necessarily make it stronger.Employers added 162,000 jobs in August, unemployment held at 4.1%, and June and July were revised higher ...