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Erik Brynjolfsson Says U.S. Productivity Growth Reached 3.6%

1 reports 1 reporting sources Updated 2 hours ago

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Erik Brynjolfsson said U.S. productivity grew at a 3.6% annual rate in the past quarter, more than double the 1.5% average from 2007 to 2019. The figures add to his bet with economist Bob Gordon about whether productivity growth is accelerating.

Generated by AI from reports · Updated 1 hours ago

Latest development11/6 06:01 (UTC+8)
Ethan Mollick Highlights Erik’s Post on US Productivity GrowthEthan Mollick · X

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11/6
  1. Ethan Mollick · X
    Ethan Mollick Highlights Erik’s Post on US Productivity Growth

    Erik is one of the economists who has been watching the impact of AI on the economy most closely, even before generative AI... https://t.co/VCoOfWi4mg @erikbryn says evidence is growing that productivity is turning a corner. US productivity grew at a 3.6% annual rate this past quarter, more than double the 1.5% average from 2007-2019. The new numbers put him further ahead in his bet with Bob Gordon about productivity growth. https://t.co/EsWI2b7zv7

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