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  3. New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%.

New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%.

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  • tante@tldr.nettime.orgT tante@tldr.nettime.org

    New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

    https://www.nber.org/papers/w34836

    tante@tldr.nettime.orgT This user is from outside of this forum
    tante@tldr.nettime.orgT This user is from outside of this forum
    tante@tldr.nettime.org
    wrote sidst redigeret af
    #3

    Oh and most companies report no productivity gains in the last 3 years but that cannot surprise anyone by now.

    amorpheus@kind.socialA 1 Reply Last reply
    0
    • tante@tldr.nettime.orgT tante@tldr.nettime.org

      New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

      https://www.nber.org/papers/w34836

      stockach@gruene.socialS This user is from outside of this forum
      stockach@gruene.socialS This user is from outside of this forum
      stockach@gruene.social
      wrote sidst redigeret af
      #4

      @tante

      "so much" more productivity?

      unbelievable.

      tante@tldr.nettime.orgT 1 Reply Last reply
      0
      • stockach@gruene.socialS stockach@gruene.social

        @tante

        "so much" more productivity?

        unbelievable.

        tante@tldr.nettime.orgT This user is from outside of this forum
        tante@tldr.nettime.orgT This user is from outside of this forum
        tante@tldr.nettime.org
        wrote sidst redigeret af
        #5

        @stockach after three years creating literally no gains. But this time it's surely gonna work 😉

        stockach@gruene.socialS 1 Reply Last reply
        0
        • tante@tldr.nettime.orgT tante@tldr.nettime.org

          New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

          https://www.nber.org/papers/w34836

          bkastl@mastodon.socialB This user is from outside of this forum
          bkastl@mastodon.socialB This user is from outside of this forum
          bkastl@mastodon.social
          wrote sidst redigeret af
          #6

          @tante sounds like worth burning the planet 🌎😕

          1 Reply Last reply
          0
          • tante@tldr.nettime.orgT tante@tldr.nettime.org

            @stockach after three years creating literally no gains. But this time it's surely gonna work 😉

            stockach@gruene.socialS This user is from outside of this forum
            stockach@gruene.socialS This user is from outside of this forum
            stockach@gruene.social
            wrote sidst redigeret af
            #7

            @tante

            Sounds like the never-ending story of nuclear fusion (the break-through is always just 10 years away).

            nilz@norden.socialN 1 Reply Last reply
            0
            • tante@tldr.nettime.orgT tante@tldr.nettime.org

              New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

              https://www.nber.org/papers/w34836

              kate@social.treehouse.systemsK This user is from outside of this forum
              kate@social.treehouse.systemsK This user is from outside of this forum
              kate@social.treehouse.systems
              wrote sidst redigeret af
              #8

              @tante but in 6 months it will take all of our jobs!!!1!!1!

              1 Reply Last reply
              0
              • tante@tldr.nettime.orgT tante@tldr.nettime.org

                New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

                https://www.nber.org/papers/w34836

                maker@woods.secretbearsociety.orgM This user is from outside of this forum
                maker@woods.secretbearsociety.orgM This user is from outside of this forum
                maker@woods.secretbearsociety.org
                wrote sidst redigeret af
                #9

                @tante I remember all those headache inducing non sense conversations with directors, C-something dudes, managers when trying to define "software productivity". No one could agree and, despite all good sense and examples, they mostly stuck to the good old "productivity is how many lines of code are written and software is pushed to prod".

                None of this includes meaningful software, quality code, user impact, etc. so yes spaghetti code generators will improve a certain definition of productivity

                1 Reply Last reply
                0
                • tante@tldr.nettime.orgT tante@tldr.nettime.org

                  New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

                  https://www.nber.org/papers/w34836

                  kirakira@furry.engineerK This user is from outside of this forum
                  kirakira@furry.engineerK This user is from outside of this forum
                  kirakira@furry.engineer
                  wrote sidst redigeret af
                  #10

                  @tante isnt a four day week more effective than that, lmao

                  1 Reply Last reply
                  0
                  • tante@tldr.nettime.orgT tante@tldr.nettime.org

                    New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

                    https://www.nber.org/papers/w34836

                    nakob@anarchism.spaceN This user is from outside of this forum
                    nakob@anarchism.spaceN This user is from outside of this forum
                    nakob@anarchism.space
                    wrote sidst redigeret af
                    #11

                    @tante Does this include the 100% productivity gains that electricity companies will have due to AI? 🤔

                    ftranschel@norden.socialF 1 Reply Last reply
                    0
                    • stockach@gruene.socialS stockach@gruene.social

                      @tante

                      Sounds like the never-ending story of nuclear fusion (the break-through is always just 10 years away).

                      nilz@norden.socialN This user is from outside of this forum
                      nilz@norden.socialN This user is from outside of this forum
                      nilz@norden.social
                      wrote sidst redigeret af
                      #12

                      @stockach @tante

                      I still hear that "we must learn how to use it right" , that AI keeps getting better and better but the organisations learning curve is too slow. Go visit a prompting seminar!

                      Ha ha 🤡

                      vladimir_lu@hachyderm.ioV 1 Reply Last reply
                      0
                      • tante@tldr.nettime.orgT tante@tldr.nettime.org

                        Oh and most companies report no productivity gains in the last 3 years but that cannot surprise anyone by now.

                        amorpheus@kind.socialA This user is from outside of this forum
                        amorpheus@kind.socialA This user is from outside of this forum
                        amorpheus@kind.social
                        wrote sidst redigeret af
                        #13

                        @tante The current purpose of AI goes beyond economics.

                        ftranschel@norden.socialF 1 Reply Last reply
                        0
                        • tante@tldr.nettime.orgT tante@tldr.nettime.org

                          New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

                          https://www.nber.org/papers/w34836

                          q@goeppingen.socialQ This user is from outside of this forum
                          q@goeppingen.socialQ This user is from outside of this forum
                          q@goeppingen.social
                          wrote sidst redigeret af
                          #14

                          @tante not sure who created the study but it's wrong.
                          I know incoming raged response of AI sycophancy with insults by backwood neckbeards

                          tante@tldr.nettime.orgT 1 Reply Last reply
                          0
                          • tante@tldr.nettime.orgT tante@tldr.nettime.org

                            New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

                            https://www.nber.org/papers/w34836

                            ftranschel@norden.socialF This user is from outside of this forum
                            ftranschel@norden.socialF This user is from outside of this forum
                            ftranschel@norden.social
                            wrote sidst redigeret af
                            #15

                            @tante I'd wager that even the 1.4 percent go away once you account for people simply behaving differently with AI available - and it obviously will turn negative once the skill dependencies are fully established for "power users".

                            1 Reply Last reply
                            0
                            • q@goeppingen.socialQ q@goeppingen.social

                              @tante not sure who created the study but it's wrong.
                              I know incoming raged response of AI sycophancy with insults by backwood neckbeards

                              tante@tldr.nettime.orgT This user is from outside of this forum
                              tante@tldr.nettime.orgT This user is from outside of this forum
                              tante@tldr.nettime.org
                              wrote sidst redigeret af
                              #16

                              @q you can check out the results and comments. What do you think the researchers did wrong? Did the CEOs lie?

                              maxheadroom@hub.uckermark.socialM 1 Reply Last reply
                              0
                              • amorpheus@kind.socialA amorpheus@kind.social

                                @tante The current purpose of AI goes beyond economics.

                                ftranschel@norden.socialF This user is from outside of this forum
                                ftranschel@norden.socialF This user is from outside of this forum
                                ftranschel@norden.social
                                wrote sidst redigeret af
                                #17

                                @Amorpheus @tante That may very well be, but it is much harder to measure.

                                This result alone is the nail on the coffin of scaling, because in order to offset the investment frenzy, not even ~10% net gains would be enough. And there is not even a *hint* that this'd be true for edge cases such as coding where arguably one could *assume* some real gains to be found.

                                amorpheus@kind.socialA 1 Reply Last reply
                                0
                                • nakob@anarchism.spaceN nakob@anarchism.space

                                  @tante Does this include the 100% productivity gains that electricity companies will have due to AI? 🤔

                                  ftranschel@norden.socialF This user is from outside of this forum
                                  ftranschel@norden.socialF This user is from outside of this forum
                                  ftranschel@norden.social
                                  wrote sidst redigeret af
                                  #18

                                  @nakob @tante Productivity != profitability.

                                  1 Reply Last reply
                                  0
                                  • ftranschel@norden.socialF ftranschel@norden.social

                                    @Amorpheus @tante That may very well be, but it is much harder to measure.

                                    This result alone is the nail on the coffin of scaling, because in order to offset the investment frenzy, not even ~10% net gains would be enough. And there is not even a *hint* that this'd be true for edge cases such as coding where arguably one could *assume* some real gains to be found.

                                    amorpheus@kind.socialA This user is from outside of this forum
                                    amorpheus@kind.socialA This user is from outside of this forum
                                    amorpheus@kind.social
                                    wrote sidst redigeret af
                                    #19

                                    @ftranschel @tante Yet knowing that ai is not profitable enough to legitimize the effort, they all continue their agenda. I wonder why. 🤔

                                    Are they stupid or do they see revenue where the market does not?

                                    Now this is just a thought, not a conviction...

                                    If the current ai hype proceeds, it will become an unvaluable tool for worldwide surveilance and oppression.

                                    ftranschel@norden.socialF 1 Reply Last reply
                                    0
                                    • nilz@norden.socialN nilz@norden.social

                                      @stockach @tante

                                      I still hear that "we must learn how to use it right" , that AI keeps getting better and better but the organisations learning curve is too slow. Go visit a prompting seminar!

                                      Ha ha 🤡

                                      vladimir_lu@hachyderm.ioV This user is from outside of this forum
                                      vladimir_lu@hachyderm.ioV This user is from outside of this forum
                                      vladimir_lu@hachyderm.io
                                      wrote sidst redigeret af
                                      #20

                                      @nilz @stockach @tante Is a “prompting seminar” like a visit to an “untherapist” (where you shout loudly and randomly at passers by that you are perfectly fine)

                                      1 Reply Last reply
                                      0
                                      • amorpheus@kind.socialA amorpheus@kind.social

                                        @ftranschel @tante Yet knowing that ai is not profitable enough to legitimize the effort, they all continue their agenda. I wonder why. 🤔

                                        Are they stupid or do they see revenue where the market does not?

                                        Now this is just a thought, not a conviction...

                                        If the current ai hype proceeds, it will become an unvaluable tool for worldwide surveilance and oppression.

                                        ftranschel@norden.socialF This user is from outside of this forum
                                        ftranschel@norden.socialF This user is from outside of this forum
                                        ftranschel@norden.social
                                        wrote sidst redigeret af
                                        #21

                                        @Amorpheus @tante

                                        Conspiracies aside: In a bubble market, it *is* possible to transfer wealth even if there is *none* in the long run.

                                        1 Reply Last reply
                                        0
                                        • tante@tldr.nettime.orgT tante@tldr.nettime.org

                                          New study by the National Bureau of Economic Research: A survey of 6000 CFOs, CEOS throughout US, Europe, UK and Australia comes to the conclusion that businesses predict that "AI" will improve productivity by a whopping 1.4%. Truly earth shattering.

                                          https://www.nber.org/papers/w34836

                                          collimated_thought@defcon.socialC This user is from outside of this forum
                                          collimated_thought@defcon.socialC This user is from outside of this forum
                                          collimated_thought@defcon.social
                                          wrote sidst redigeret af
                                          #22

                                          @tante And yet "Despite $30–40 billion in enterprise investment into GenAI, this report uncovers a surprising result in that 95% of organizations are getting zero return." From an MIT study on the outcome of AI projects. https://mlq.ai/media/quarterly_decks/v0.1_State_of_AI_in_Business_2025_Report.pdf

                                          1 Reply Last reply
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