Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics

Erik Brynjolfsson, Daniel Rock, Chad Syverson

NBER Working Paper No. 24001
Issued in November 2017

---- Acknowledgments ----

We thank Eliot Abrams, Ajay Agrawal, David Autor, Seth Benzell, Joshua Gans, Avi Goldfarb, Austan Goolsbee, Guillaume Saint-Jacques, Andrea Meyer, Manuel Tratjenberg, and numerous participants at the NBER Workshop on AI and Economics in September, 2017. In particular, Rebecca Henderson provided detailed and very helpful comments on an earlier draft and Larry Summers suggested the analogy to the J-Curve. Generous funding for this research was provided in part by the MIT Initiative on the Digital Economy. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

return to bibliography page