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Artificial Intelligence and the Modern Productivity ...
Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics (This is a minor revision of NBER Working Paper No. 24001) Erik Brynjolfsson, MIT Sloan School of Management and NBER Daniel Rock, MIT Sloan School of Management Chad Syverson, University of Chicago Booth School of Business and NBER October 2017; Revised December 2017 Abstract. We live in an age of paradox. Systems using Artificial Intelligence match or surpass human-level performance in more and more domains, leveraging rapid advances in other technologies and driving soaring stock prices. Yet measured Productivity growth has declined by half over the past decade, and real income has stagnated since the late 1990s for a majority of Americans.
Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics ∗ (This is a minor revision of NBER Working Paper No. 24001)
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