In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”
It had no impact on employment? What’s with the mass lay-offs at nearly every big software company recently, that just happened to coincide with their push for AI then?
It had no impact on employment? What’s with the mass lay-offs at nearly every big software company recently, that just happened to coincide with their push for AI then?