Nobel Economist Acemoglu: No Measurable AI Productivity Gain in Aggregate Data
Daron Acemoglu, Nobel Prize-winning economist, finds no measurable AI productivity effect at the macro level despite years of heavy investment. His assessment — AI agents augment specific tasks rather than replace whole jobs — undermines the inflation-relief thesis that markets and central banks have leaned on. The finding lands as services inflation holds above 3% and US 30-year Treasury yields cross 5%.
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