Despite widespread claims that AI will enable workers to produce more with fewer resources, the impact has yet to fully materialize in productivity data. The most recent reading for annual growth in output per worker stands at 2.4%, only modestly above the 1.8% average of the past decade. Whether productivity accelerates meaningfully will depend on how widely and effectively AI is implemented across the economy. The coming years will reveal whether these technologies can truly drive a step-change in output per worker.
Source: U.S. Bureau of Labor Statistics, The Business Week Graphic
This graph was produced by Lucas Juery, CFA, CFPⓇ and is not intended to provide financial advice.
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