Back to news
AI Business
20h ago

Economists Bet on AI's Impact on US Labor Productivity by 2030

May 11, 2026
AI Summary

Two economists, Erik Brynjolfsson and Robert Gordon, have made a $400 bet regarding the impact of artificial intelligence on US labor productivity from 2020 to 2030. Brynjolfsson predicts growth will exceed 1.8% per year, while Gordon believes it will be slower, highlighting the broader implications of AI on the economy and workforce.

Economists Bet on AI's Impact on US Labor Productivity by 2030
  • Economists Erik Brynjolfsson and Robert Gordon made a $400 bet on AI's impact on US labor productivity from 2020 to 2030.
  • Brynjolfsson, from Stanford, predicts productivity growth will exceed 1.8% annually, while Gordon, from Northwestern, expects it to be lower.
  • The outcome of this bet reflects significant questions about the pace of AI development and its effects on the economy and job market.
artificial intelligencejob marketeconomicsfuture of workemployment