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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.

    Link Preview Image
    Firm Data on AI

    Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

    favicon

    NBER (www.nber.org)

    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 last edited by
    #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
    • R relay@relay.publicsquare.global shared this topic
    • 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 last edited by
      #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 last edited by
        #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.

          Link Preview Image
          Firm Data on AI

          Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

          favicon

          NBER (www.nber.org)

          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 last edited by
          #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
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          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.

            Link Preview Image
            Firm Data on AI

            Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

            favicon

            NBER (www.nber.org)

            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 last edited by
            #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 last edited by
              #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 last edited by
                #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 last edited by
                  #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 last edited by
                    #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 last edited by
                      #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 last edited by
                        #21

                        @Amorpheus @tante

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

                        npars01@mstdn.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.

                          Link Preview Image
                          Firm Data on AI

                          Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

                          favicon

                          NBER (www.nber.org)

                          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 last edited by
                          #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
                          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.

                            Link Preview Image
                            Firm Data on AI

                            Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

                            favicon

                            NBER (www.nber.org)

                            rainer_rehak@mastodon.bits-und-baeume.orgR This user is from outside of this forum
                            rainer_rehak@mastodon.bits-und-baeume.orgR This user is from outside of this forum
                            rainer_rehak@mastodon.bits-und-baeume.org
                            wrote last edited by
                            #23

                            @tante I guess this already small increase mostly comes from people working longer working hours now because of the bosses' high expectations when introducing "#AI" tools.

                            Also see this related news: https://techcrunch.com/2026/02/09/the-first-signs-of-burnout-are-coming-from-the-people-who-embrace-ai-the-most/

                            tante@tldr.nettime.orgT 1 Reply Last reply
                            0
                            • rainer_rehak@mastodon.bits-und-baeume.orgR rainer_rehak@mastodon.bits-und-baeume.org

                              @tante I guess this already small increase mostly comes from people working longer working hours now because of the bosses' high expectations when introducing "#AI" tools.

                              Also see this related news: https://techcrunch.com/2026/02/09/the-first-signs-of-burnout-are-coming-from-the-people-who-embrace-ai-the-most/

                              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 last edited by
                              #24

                              @Rainer_Rehak Might be. Right now about half is just "firing people" (which then gets the rest to do what you described) and the hope for very marginal output increases.

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

                                @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 This user is from outside of this forum
                                maxheadroom@hub.uckermark.socialM This user is from outside of this forum
                                maxheadroom@hub.uckermark.social
                                wrote last edited by
                                #25

                                @tante @q this. It's a survey that asked for their opinions (partially). The CEOs and CFOs and other C-suite execs in these surveys surely have no clue what's going on in the daily life of their employees who have to actually work with all the AI stuff. The C-level guys don't even read their own email but have staff summarising them in PowerPoint's. So I'd say the data basis is very thin here...

                                tante@tldr.nettime.orgT 1 Reply Last reply
                                0
                                • maxheadroom@hub.uckermark.socialM maxheadroom@hub.uckermark.social

                                  @tante @q this. It's a survey that asked for their opinions (partially). The CEOs and CFOs and other C-suite execs in these surveys surely have no clue what's going on in the daily life of their employees who have to actually work with all the AI stuff. The C-level guys don't even read their own email but have staff summarising them in PowerPoint's. So I'd say the data basis is very thin here...

                                  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 last edited by
                                  #26

                                  @maxheadroom @q they do know (at least for the last years) the numbers: How much OpEx and CapEx are there in contrast to revenue. So They can pretty accurately say what happened in the past without knowing who works how

                                  maxheadroom@hub.uckermark.socialM 1 Reply Last reply
                                  0
                                  • tante@tldr.nettime.orgT tante@tldr.nettime.org

                                    @maxheadroom @q they do know (at least for the last years) the numbers: How much OpEx and CapEx are there in contrast to revenue. So They can pretty accurately say what happened in the past without knowing who works how

                                    maxheadroom@hub.uckermark.socialM This user is from outside of this forum
                                    maxheadroom@hub.uckermark.socialM This user is from outside of this forum
                                    maxheadroom@hub.uckermark.social
                                    wrote last edited by
                                    #27

                                    @tante @q I still question their capacity to relate this to AI one way or the other. Nevertheless, the low value of expected increase is still telling. Given the cost and likely increase in opex by all the users.

                                    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.

                                      Link Preview Image
                                      Firm Data on AI

                                      Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

                                      favicon

                                      NBER (www.nber.org)

                                      namnatulco@sueden.socialN This user is from outside of this forum
                                      namnatulco@sueden.socialN This user is from outside of this forum
                                      namnatulco@sueden.social
                                      wrote last edited by
                                      #28

                                      @tante I'm not really sure why, but the abstract calls this a sizable impact?

                                      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.

                                        Link Preview Image
                                        Firm Data on AI

                                        Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

                                        favicon

                                        NBER (www.nber.org)

                                        havvyhh2@mas.toH This user is from outside of this forum
                                        havvyhh2@mas.toH This user is from outside of this forum
                                        havvyhh2@mas.to
                                        wrote last edited by
                                        #29

                                        @tante 😴💤.....at a cost of 💲💲🤑💲💲!!

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

                                          @Amorpheus @tante

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

                                          npars01@mstdn.socialN This user is from outside of this forum
                                          npars01@mstdn.socialN This user is from outside of this forum
                                          npars01@mstdn.social
                                          wrote last edited by
                                          #30

                                          @ftranschel @Amorpheus @tante

                                          Petrostate dictators are getting their cash out before a fossil fuel phase out.

                                          Just a moment...

                                          favicon

                                          (www.euractiv.com)

                                          https://www.bloomberg.com/news/articles/2024-11-06/saudis-plan-100-billion-ai-powerhouse-to-rival-uae-s-tech-hub

                                          https://www.forbes.com/sites/guneyyildiz/2026/02/14/from-resorts-to-robots-saudi-arabias-100-billion-confession/

                                          Like a drug cartel using banks, Silicon Valley gets a cut off the top for projects & data centers that will never be completed.

                                          The goal is to launder cash as fast as possible.
                                          https://airmail.news/issues/2025-4-5/the-view-from-here

                                          1/

                                          npars01@mstdn.socialN 1 Reply Last reply
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