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IMF forecasts reportedly assume no extra productivity growth from AI
A post says economy-wide data still show little effect on wages, jobs or measured productivity, despite gains on specific tasks.
TLDR
A post describing the IMF’s latest forecasts says they assume no extra productivity growth from AI. It says the IMF’s models put the world output loss from an AI bust at 1.1% by 2028, versus a 0.6% gain from an AI boom by 2029. The post attributes AI hardware trade’s roughly threefold rise in value since 2019 mainly to higher prices, not more units shipped.
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