Thousands of CEOs say AI has delivered almost nothing and economists are dusting off a 40-year-old paradox to explain why – Startup Fortune

Thousands of CEOs say AI has delivered almost nothing and economists are dusting off a 40-year-old paradox to explain why – Startup Fortune

A landmark Federal Reserve survey finds 68% of firms reporting negligible AI productivity gains, reigniting Robert Solow’s famous 1987 observation that transformative technology rarely shows up where you expect it to. Three years and hundreds of billions of dollars into the generative AI boom, corporate America is quietly admitting something the market did not want…

AI’s Productivity Boom Remains Elusive as Economists Question Early Impact

AI’s Productivity Boom Remains Elusive as Economists Question Early Impact

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Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

In 1987, economist and Nobel laureate Robert Solow made a stark observation about the stalling evolution of the Information Age: Following the advent of transistors, microprocessors, integrated circuits, and memory chips of the 1960s, economists and companies expected these new technologies to disrupt workplaces and result in a surge of productivity. Instead, productivity growth slowed,…