trailGenerative AI is a significant contributor to the post-2022 acceleration in US labor productivity growth
AI advances will increase US total factor productivity by less than one percent over ten years
Widespread generative AI adoption could raise annual US labor productivity growth by about 1.5 percentage points over ten years
From task-level gains to the aggregate· for
Generative AI tools substantially raise worker productivity on specific tasks in controlled studies
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Missing aggregate signal and rival explanations· against
Generative AI adoption is too shallow across US firms to explain an aggregate productivity acceleration
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Industries more exposed to AI show no differential productivity acceleration relative to less-exposed industries
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Post-pandemic labor market churn and business formation account for most of the recent US productivity acceleration
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assumed
US labor productivity growth has accelerated since 2022 above its pre-pandemic trend
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Generative AI is a significant contributor to the post-2022 acceleration in US labor productivity growth
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2depended on by
this rests on ↓
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