I was thinking of an objective measure of the impact of GenAI on society - labor productivity seemed like possibly one decent measure.
Gen AI and esp. ChatGPT has been mainstream for around a year and very popular for at least 6 months (reaching almost 2 billion visits in March '24, business leaders having rolled out GenAi-mandates), probably hundreds of billions USD invested, and reports of 2x-10x individual productivity gains, when would you expect to see an impact on some broad economic measures? Which ones?
Any better datasets? The general non-farm labor productivity is clearly not ideal as it encompasses so many jobs that would not be impacted, but manufacturing and lodging+dining (hospitality) seem to account for only 20% of US GDP. More sector-specific datasets are more out of date or more sporadically collected.
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[ 0.29 ms ] story [ 7.4 ms ] threadGen AI and esp. ChatGPT has been mainstream for around a year and very popular for at least 6 months (reaching almost 2 billion visits in March '24, business leaders having rolled out GenAi-mandates), probably hundreds of billions USD invested, and reports of 2x-10x individual productivity gains, when would you expect to see an impact on some broad economic measures? Which ones?
Any better datasets? The general non-farm labor productivity is clearly not ideal as it encompasses so many jobs that would not be impacted, but manufacturing and lodging+dining (hospitality) seem to account for only 20% of US GDP. More sector-specific datasets are more out of date or more sporadically collected.