The magnitude of growth in total factor productivity (TFP) driven by AI remains a highly debated topic, marked by significant uncertainty. Focusing on the US, Acemoglu (2025) cautions that productivity gains may fall short of expectations, particularly when AI encounters complex, context-specific tasks. Aghion and Bunel (2024), by contrast, present a more optimistic view, highlighting AI’s potential to drive growth through automation and accelerated idea…
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https://cepr.org/voxeu/columns/global-impact-ai-mind-gap
