Economists say AI productivity gap of $2.2 trillion is largely overstated

A new study by Brookings and the Federal Reserve examined AI's impact on productivity. The study cited a $2.2 trillion deficit that AI could help close.

A new study by Brookings and the Federal Reserve examined AI's impact on productivity. The study cited a $2.2 trillion deficit that AI could help close. Economists interviewed say the projected fix is already half fictitious. They argue the assumptions behind the deficit are overly optimistic. The analysis compares expected AI gains with historical trends. Researchers suggest policymakers should temper expectations about AI's boost. The findings could influence discussions on national debt projections. Future research will track actual AI-driven productivity changes.