Conflicting Data Makes AI's Economic Impact Difficult to Measure
By
Ben Casselman
Summary
This article examines the conflicting data and uncertainty surrounding AI's current economic impact. While some measures suggest AI is causing job losses and contributing to inflation, other sources indicate companies are adding workers and AI might be part of the solution to inflation or boosting productivity. The piece highlights the difficulty in measuring AI's real-time effects on the economy.
Source
bskyConflicting Data Makes AI's Economic Impact Difficult to Measurenytimes.comKey quotes
· 4 pulledPretty much everyone agrees that artificial intelligence has the potential to reshape the economy in the coming decades.
According to some measures, A.I. is contributing to high unemployment rates among new graduates and might already have destroyed tens of thousands of jobs.
Other sources suggest companies might actually be adding workers as a result of the technology.
A.I. might be contributing to the U.S. inflation problem, or part of the solution to it.
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