Much of the AI conversation has centered on productivity, but productivity may only be the first-order effect.​ ...
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 ...
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 ...
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 ...
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 ...
Forbes contributors publish independent expert analyses and insights. Focusing on the connection between worker well-being and the economy. This morning, the Bureau of Labor Statistics released its ...
There are worse economic trends than slowing productivity. How about declining productivity for one? That’s the nasty trick pulled by the US construction sector. It’s been running in reverse for a ...
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 ...
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 ...
Artificial Intelligence (AI), automation, robotics, the Internet of Things, data analytics and digital manufacturing systems are rapidly transforming the nature and character of industries worldwide, ...
Yesterday’s Pre-Election Economic and Fiscal Update from the Treasury has given political parties their clearest picture yet of the economy they could inherit after November’s election. The near-term ...