Will there be an AI productivity boom? – Marketplace

Productivity in the U.S. has been on the upswing recently after a long period of slower growth. It’s calculated roughly by dividing gross domestic product by labor hours. If we can get more economic growth out of the same amount of labor, that usually means wages rise — without causing inflation.

Most of the big jumps in living standards we’ve seen throughout history have been driven by jumps in productivity: the introduction of the steam engine,…