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U.S. Productivity Soars 2.7% Amid AI Debate

3/20/2025

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Summary

Story summary

U.S. productivity surged by 2.7% last year, igniting a fierce debate among economists about the transformative power of AI. While Erik Brynjolfsson envisions remarkable advancements, Robert Gordon cautions against over-optimism, recalling previous modest gains. Goldman Sachs anticipates a 15% boost from AI in the next decade, yet only 6% of companies have embraced this technology so far.

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Story summary

U.S. productivity surged by 2.7% last year, igniting a fierce debate among economists about the transformative power of AI. While Erik Brynjolfsson envisions remarkable advancements, Robert Gordon cautions against over-optimism, recalling previous modest gains. Goldman Sachs anticipates a 15% boost from AI in the next decade, yet only 6% of companies have embraced this technology so far.