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If AI Is So Great, Someone Should Tell GDP
- doener 2y ago"Back in 1987, Nobel laureate Robert Solow famously quipped, 'You can see the computer age everywhere except in the productivity statistics.'" https://www.weforum.org/stories/2015/06/why-is-technology-not-boosting-productivity/ https://www.weforum.org/stories/2015/06/why-is-technology-no...
- defrost 2y agoSlashdot today has: Goldman Sachs: Why AI Spending Is Not Boosting GDP Goldman Sachs, in a research note Thursday (the note isn't publicly posted): ..etc. ~ https://slashdot.org/story/25/03/06/0619224/goldman-sachs-why-ai-spending-is-not-boosting-gdp https://slashdot.org/story/25/03/06/0619224/goldman-sachs-wh... I'll just leave the link to the asserted leaked internal research note as it's a blob of text, but relevant here if genuine.
- re-thc 2y agoWhat's AI capex? We're lumping everything together and calling it AI. A least a large part of it is building data centers, which they'd do anyway and can be of use even if AI doesn't pick up.