BCA Research: Where's the AI Productivity Boost?

View profile for Jock Finlayson

Senior Fellow and Peter Brown Chair in Canadian Competitiveness, Fraser Institute. Chief Economist, ICBA

An interesting post from Peter Berezin of BCA Research. The much anticipated productivity boost that many experts anticipate through the widespread adoption of AI has yet to show up in the data, at least in the U.S. It's still early days in the onward march of AI. By 2030 one would think AI will be making a material contribution to productivity across swathes of the overall business sector. But we'll have to wait for the data before passing any kind of definitive judgement.

View profile for Peter Berezin

Director of Research and Chief Global Strategist, BCA Research

Is AI boosting productivity? At least so far, it’s not visible in the data. Productivity in Q2 was about where the CBO predicted it would be five years ago.

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Kenneth White

Consulting Economist

1mo

Based on our experience with ICT’s and productivity, there is a long lag between ICT investment and improved productivity. I similary expect this lag for AI investment to be similary long.

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