Decline, productivity and why an AI-fueled world is going nowhere too fast
I saw a diagram in the FT by John Burn-Murdoch that really distills what I’m trying to convey. AI creates more output (which fits many people’s informal perception of productivity), but for many companies (according to studies by MIT, McKinsey, Bain, etc.) it doesn’t deliver much in the way of RoI, and doesn’t change GDP. …