Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago
Summary
Fortune discusses a modern 'Solow productivity paradox': despite widespread AI use in firms, executives report minimal immediate effects on productivity or employment. The article juxtaposes historical productivity trends with recent studies (NBER, MIT, Fed) showing mixed results and explores how future gains depend on how AI is adopted and deployed within organizations.