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Should-Read: Erik Brynjolfsson, Daniel Rock, and Chad Syverson: Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics

Should-Read: Erik Brynjolfsson, Daniel Rock, and Chad Syverson: Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics: “We describe four potential explanations for this clash of expectations and statistics…

…false hopes, mismeasurement, redistribution, and implementation…. Lags are likely to be the biggest reason for paradox…. Full effects won’t be realized until waves of complementary innovations are developed and implemented…. National statistics will fail to capture the full benefits… and some may even have the wrong sign…

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Should-Read: Erik Brynjolfsson, Daniel Rock, and Chad Syverson: Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics

November 28, 2017

AUTHORS:

November 28, 2017

AUTHORS:

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon