AI boosts individual worker speed but economy-wide productivity lags — parallels to pre-Internet era suggest a hidden boom may be underway
By
Tristan Bove
Hot, fresh, and worth queueing round the block for.
Summary
The article examines a paradox in the U.S. economy in 2026: economic expansion continues despite slowing job growth, suggesting rising productivity, yet official productivity measures have barely budged. It draws parallels to the pre-Internet era, when similar productivity gains were initially invisible before the boom became apparent. The piece suggests the U.S. may be in the early, unrecognized stages of an AI-driven productivity boom, much like the early days of the Internet revolution.
Key quotes
· 3 pulledTwo curious things are happening to the economy in 2026. On one hand, economic expansion is still going strong despite job growth slowing to a trickle, suggesting productivity among those currently employed is rising. But by many measures, productivity growth has barely budged in recent years.
Technologists claim AI will help optimize workflows and supercharge the U.S. economy's productivity—a measure of how efficiently resources such as labor are being converted to goods and services.
The U.S. might be in the early days of a productivity boom without even knowing it.
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