5min chapter

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BCG Chief Economist: Artificial Intelligence Will Displace Labor | Philipp Carlsson-Szlezak on Economic False Alarms and Solar Flare Black Swans

Forward Guidance

CHAPTER

Exploring Productivity Growth and Technology Impact

This chapter explores the misconception that technology always leads to increased productivity, using Uber as an example. It highlights the requirement for substantial labor displacement for technology to drive significant productivity improvements, especially in service-based sectors like education and healthcare.

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