The paradox at the core of the AI revolution: The faster we innovate, the slower we grow

The AI revolution, like previous digital innovations, has seen rapid adoption but declining productivity, raising concerns about future growth.

The paradox, according to a new study, is that as AI and other digital technologies become more prevalent, they may not boost economic growth as much as expected.

The study, published in the National Bureau of Economic Research, suggests that the benefits of AI might be overestimated, and its impact on productivity could be limited.

However, the report also notes that AI could still have significant impacts on specific industries and jobs, potentially leading to job displacement and increased inequality.