Forecast Surprises, Successes and Slip-Ups
Moody's Talks - Inside Economics
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The Potential Downside Risk of Artificial Intelligence
I think it's going to take some time to diffuse out into the economy, but having said that, like the internet, the internet probably added in the 2000s when it really kicked into high gear. Productivity growth in that period was 3% per annum. So if you told me over the next 10, 15 years, you get a period of 5, 10 years of 3% productivity growth, I don't know that I'd argue with you. That's a real possibility. But I don't think that's dystopic. These technologies, they create wealth, right? And by creating wealth, they create more demand for stuff we can't even anticipate.
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