GenAI adoption alone will not markedly lift global GDP

Significance This adoption is broad-based, though unevenly distributed among occupations -- a finding that will kindle hopes that the technology can lead to productivity gains across the economy. Impacts Research suggests that GenAI will not trim the gap between more and less skilled workers in the short run due to slow low-skilled adoption. Digital talent may become even more important to national economies in the coming years. Companies heavily reliant on software, even outside the technology industry, will become more productive quicker.

Publication Details

Journal
Emerald expert briefings
Published
2024-10-17
DOI
https://doi.org/10.1108/oxan-db290356
Primary Topic
Biotechnology and Related Fields
Type
article
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article

GenAI adoption alone will not markedly lift global GDP

Emerald expert briefings
Biotechnology and Related Fields
article

GenAI adoption alone will not markedly lift global GDP

article en

Abstract

Significance This adoption is broad-based, though unevenly distributed among occupations -- a finding that will kindle hopes that the technology can lead to productivity gains across the economy. Impacts Research suggests that GenAI will not trim the gap between more and less skilled workers in the short run due to slow low-skilled adoption. Digital talent may become even more important to national economies in the coming years. Companies heavily reliant on software, even outside the technology industry, will become more productive quicker.

Emerald expert briefings
Biotechnology and Related Fields
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GenAI adoption alone will not markedly lift global GDP · Emerald expert briefings (2024) | TGRS Research Map | TGRS