The debate among experts over the potential costs or benefits of Artificial Intelligence (AI) in the US economy is not going to be resolved anytime soon. So I decided to ask one expert with a nearly inhuman reputation for objectivity. Since the answer will depend on AI's ability to improve labor productivity, and therefore economic growth, I asked the generative AI chatbot ChatGPT-4 itself: "How is AI going to improve labor productivity?"
GPT-4 listed several possibilities, including:
Automation: AI-powered systems can automate repetitive tasks, freeing up human workers to focus on more…