A couple big obstacles stand in the way of AI having an effect on productivity similar to that of the PC era: the dominance of tech giants such as Google, and the disintegration of Moore's Law.
... [+]A big pastime of economists in the 1980s and 1990s was trying to gauge how much corporate and industrial, workgroup servers, and computer networking. information technologyIt’s too soon to expect to see data showing a similar boom from, today’s big IT revolution. The technology is just becoming industrialized, and many companies have yet to even try to use things such as machine learning in any significant way.
But it’s not too soon to speculate. There’s no question companies will increasingly use AI technologies of various sorts. AI is now. Every company has tons of data to analyze, and that analysis can benefit from even simple machine learning techniques. And companies have processes, from HR to accounting to sales, that can make use of automation that AI can bring.
Will all that show up in the numbers around output per employee and such, the measures of productivity?stand in the way of AI having an effect on productivity similar to the PC era. One issue is that AI is dominated by the companies that are already among the most productive in the world. As
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