Should-Read: Erik Brynjolfsson, Daniel Rock, and Chad Syv...

Should-Read: Erik Brynjolfsson, Daniel Rock, and Chad Syverson: Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics: "We describe four potential explanations for this clash of expectations and statistics...

...false hopes, mismeasurement, redistribution, and implementation.... Lags are likely to be the biggest reason for paradox.... Full effects won���t be realized until waves of complementary innovations are developed and implemented.... National statistics will fail to capture the full benefits... and some may even have the wrong sign...