Archive · 16 Jun 2025
AI to Drive Productivity Gains, Says OECD Chief Economist
The head economist at the OECD thinks Artificial Intelligence (AI) is going to make the world more productive.
He believes AI will help the U.S. become even more productive, adding about 1.2% to 1.5% to its growth each year for the next 10 years.
The U.S. is already doing well because of how jobs shifted during the COVID-19 pandemic.
Many people changed jobs or started their own businesses, making the country's economy stronger.
The U.S. is using more digital tools and leading in AI, which is creating a bigger difference in how productive the U.S. is compared to other countries.
OECD Chief Economist says AI will boost global productivity.
AI's annual impact on U.S. productivity expected to be 1.2-1.5% over 10 years.
U.S. productivity growth is currently around 2.5% to 2.7% annually.
The pandemic caused job reallocations, boosting overall output.
The U.S. is leading in AI adoption, widening the productivity gap.
- Who
- Alvaro Pereira, Chief Economist at the OECD.
- What
- AI is expected to significantly boost global productivity.
- When
- Over the next 10 years.
- Where
- The United States and other countries.
- Why
- AI adoption and digital investments are increasing productivity.
- Source
- OECD Chief Economist
- Expert
- Alvaro Pereira
- AI Impact (U.S. Productivity)
- 1.2-1.5% annually (over 10 years)
- Current U.S. Productivity Growth
- 2.5% to 2.7% annually
- Focus
- AI's effect on economics and productivity