The tension between exploding AI investment costs and slow productivity growth

Bertin Martens

This working paper explores the tension between rapidly increasing artificial intelligence investment costs and the slower pace of productivity growth, raising concerns about a potential ‘economic winter’ for AI. AI has shown significant technological progress, particularly with machine learning and generative AI models like ChatGPT. Investment in AI has surged. But there are concerns about whether these investments will yield proportional returns.

Πηγή: Bruegel

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