
#233 Generative AI at EY with John Thompson, Head of AI at EY
DataFramed
Impact Takes Time: Productivity Gains Emerge Slowly
Breakthrough technologies, including Generative AI like ChatGPT, require significant time—typically eight to ten years—to translate into noticeable macroeconomic impacts such as GDP growth. Meaningful productivity gains occur when a substantial number of individuals adopt a new technology or method, leading to collective time savings, rather than isolated cases of efficiency. Therefore, the true value of these technologies emerges when they are widely utilized across organizations.
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