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Comment by T-A

Here's a chart of non-farm US labor productivity from 1947 to 2026:

https://fred.stlouisfed.org/series/OPHNFB

Annual growth over that period has been ~2.2%, sometimes a little faster, sometimes a little slower. The doubling from 50 in 1982 to 100 in 2017 (35 years) averages to 2% per year.

Even if the overall productivity boost due to AI "only" turns out to be 40%, the lowest among your numbers, it's equivalent to 17 years of growth at 2% per year.

That's not exactly small.

parent T-A 12 days ago

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