AI: The Productivity Hero We’ve Been Waiting For—Or Just Another Overhyped Tech?
Generative AI could be the key to reversing decades of sluggish productivity growth, but the road to economic prosperity is fraught with challenges.
While early studies show promising productivity boosts in sectors like call centers and software engineering, experts warn that significant, widespread economic impact is still years away.
The technology needs to be effectively integrated across various industries, especially in areas like manufacturing, where the potential gains are immense but currently untapped due to data scarcity and the lack of industry-specific AI models.
The question remains: Can AI’s immense potential be harnessed to drive true economic growth, or will it fall into the same trap as previous digital innovations, offering more hype than substance? The future of our economic landscape hinges on whether AI can transcend its current limitations and truly deliver on its promises.
Read the full article on MIT Technology Review.
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