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HomeNewsOpinionDecoding Economics | AI is a magic bullet to increase productivity, finds BIS research

Decoding Economics | AI is a magic bullet to increase productivity, finds BIS research

Manas Chakravarty   •

Strapline: BIS researchers find that while output always increases, it can grow by up to twice as much for the same AI-induced increase in productivity when AI affects sectors producing consumption goods rather than investment goods

Much depends on whether the productivity boost through AI is felt by consumption or investment goods

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