The AI sector may be growing 2,000% a year while GDP misses it
Quality-adjusted AI output can expand extremely quickly while remaining nearly invisible in standard GDP statistics, creating a policy measurement gap
1/ My new @PIIE research with Patrick McKelvey on ๐ ๐ฒ๐ฎ๐๐๐ฟ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ ๐๐ฐ๐ผ๐ป๐ผ๐บ๐ finds the AI sector in the US ๐ด๐ฟ๐ผ๐๐ถ๐ป๐ด ๐ฎ,๐ฌ๐ฌ๐ฌ%+/๐๐ฒ๐ฎ๐ฟ in quality-adjusted termsโyet it's nearly invisible in GDP. We can't let thi