According to a new NBER paper, to justify the AI investment surge we're seeing, the implied productivity gains need to be enormous. The authors calibrate a model where AI-sector productivity rises by roughly 2.7x.
Link: www.nber.org/papers/w35290
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Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
