The Coming AI Economic Revolution

The Coming AI Economic Revolution

Can Artificial Intelligence Reverse the Productivity Slowdown?

By James Manyika and Michael Spence

It has been a landmark year for artificial intelligence. The use of generative AI has exploded, with industries ranging from health care to defense adopting its use—and AI technology’s capabilities are rapidly improving. But undergirding these advancements is widespread uncertainty about what a world shaped by AI will look like.

Ensuring AI transforms the world in productive ways will require new forms of international economic governance, write James Manyika and Michael Spence . AI has the potential to produce a large and decisive upswing in productivity and growth at a moment when the global economy desperately needs it, but in order to do so, governments must advance a positive vision of what AI can achieve. “To unleash the full force of an AI-powered economy,” they write, “AI technologies must be embraced as tools that can enhance, rather than undermine, human potential and ingenuity.”

https://www.foreignaffairs.com/world/coming-ai-economic-revolution

Michael Nosbisch

Chief Aerographer's Mate at United States Navy

11 个月

Productivity slowdown, shouldn't the conversation be geared toward the lag in compensation vs. productivity over the decades?

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