In which the potential for AI to address the "productivity crisis" is examined by looking at AI adoption in Canadian firms 2020-2021. (Time period doesn't include ChatGPT, introduced 2022). Findings are that productivity gains from AI adoption are inconclusive (neither strong positive or negative relationship). No significant relationship was found between AI adoption and Total Factor Productivity levels or growth. Firms that did adopt AI were already more productive than those firms who didn't.
33/ #365papers
Waiting for Takeoff: The short-term impact of AI adoption on firm productivity
https://dais.ca/reports/waiting-for-takeoff/
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