AI use up 266% in five years but it's still used by less than a quarter of workers
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The focus of the paper is primarily to document who is adopting AI technologies and what technologies are being adopted; its aim is not to look at the revenue consequences of doing so. But the paper does allow that there's an association between AI adoption and revenue growth. And that linkage has invited scrutiny of the distribution of AI's projected economic benefits.
"I grew up in Michigan, and saw first-hand what happened to an auto-intensive economy when domestic auto manufacturing went into sharp decline. That can be hard to come back from. That said, Detroit is enjoying quite a renaissance right now – proof that it’s hard to say for certain what the long-run future looks like."
"Another essential piece is working through all of the hiccups, missteps, and experiments needed to understand how to put these new tools to work in practice," McElheran elaborated.
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