Google released a new report — ATLAS, 15 million interactions analyzed to see how and where AI is actually used.
It opens with a 1987 quote from Robert Solow: you can see the computer age everywhere but in the productivity statistics.
Intrigued by his point I asked AI to elaborate — US labor productivity had grown about 2.9% a year from 1948 to 1973. Then it roughly halved and stayed there for two decades, which is exactly the stretch when computers were spreading through every office in the country. A lot of money going in, and not much showing up on the other side.
Then around 1995 it turned. Growth came back to about 2.7% a year and held there for about a decade.
Which raises the question. Do the gains come from the additions or the subtractions?