Can artificial intelligence (AI) raise productivity? If we regard AI as a combination of software, hardware, and database use, then it can be modelled as a combination of the deployment of intangible and tangible assets. Since some are measured and some are not, then conventional productivity analysis might miss the contribution of AI. We set out whether there is any evidence to support this view.
Artificial intelligence and productivity: an intangible assets approach / Carol, Corrado; Jonathan, Haskel; Jona Lasinio, Cecilia Susanna. - In: OXFORD REVIEW OF ECONOMIC POLICY. - ISSN 0266-903X. - 37:3(2021), pp. 435-458. [10.1093/oxrep/grab018]
Artificial intelligence and productivity: an intangible assets approach
Jona-Lasinio Cecilia
2021
Abstract
Can artificial intelligence (AI) raise productivity? If we regard AI as a combination of software, hardware, and database use, then it can be modelled as a combination of the deployment of intangible and tangible assets. Since some are measured and some are not, then conventional productivity analysis might miss the contribution of AI. We set out whether there is any evidence to support this view.
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