Hello and welcome to Eye on AI. In this edition…The AI economy has a measurement gap…Anthropic files IPO paperwork…Meta bets on subscriptions and enterprise to monetize AI…and AI-generated fake citations are infiltrating scientific literature.
When it comes to measuring the economic impact of AI, no one can agree on where to start.
Listen to the narrative coming from the Big Tech firms, and AI is already supposed to be transforming everything from how we work to how companies are organized and even how entire industries, such as software engineering, function. But if you look at the official economic statistics, like productivity numbers or GDP growth rate, you’d be hard-pressed to find the numbers to back this up. Some argue the technology is transforming the economy in a way our statistics simply cannot keep up with. Others say that, for all its hype, AI has yet to show up in firm-level productivity in any systematic way.
That gap between the hype and the numbers is what a new policy brief from the Peterson Institute for International Economics is trying to explain.
Measuring AI’s economic impact
