Part 2/11:
AI is poised to revolutionize productivity levels, which could potentially invigorate economies that have seen stagnation in growth. For instance, U.S. productivity growth averaged only 1.5% over two decades but accelerated to 2.7% in 2023. This uptick has resulted in renewed optimism, particularly from entities like Goldman Sachs, predicting AI as a pivotal driver of productivity growth, especially in developed economies.