Does AI boost firms’ and workers’ productivity?
Dec 13, 2024 | 2:15 PM - 3:15 PM
Dec 13, 2024 | 2:15 PM - 3:15 PM
Description
Investments in AI from employers are often driven by a desire to boost productivity. But evidence on the effects of AI on productivity is still emerging. Firms that use AI tend to be more productive than other firms, but this might relate to the fact that firms using AI tend to have more digital capabilities, intangibles, and skilled workers. Some evidence, focusing on specific use cases, further indicates that generative AI may boost the productivity of workers, especially the least productive ones. In addition, workers using AI say it improves their performance. This session will focus on discussing the emerging evidence at the micro-economic level on the links between the use of AI and productivity, and on the role of policymakers to enable realising the returns to AI uptake while fostering inclusive economic growth.
