An exciting paper on the impact of generative AI on labour productivity: https://arxiv.org/abs/2304.11771
I spoke with authors Erik Brynjolfsson (Director of Stanford Digital Economy Lab) and Lindsey Raymond (MIT).
Notes:
Generative AI systems can improve productivity by 14% in certain office roles and raise the performance of lower-performing employees.
AI accelerates the learning curve, allowing workers to gain six months of experience in just two months.