In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”
I’m a little confused by the opening paragraphs. So the advent of computers was hailed as a great productivity booster, but in the beginning, productivity actually went down.
Is the article seriously contending that computers have not improved productivity? So there were grandiose expectations of huge boosts that would arrive immediately - so what? That’s naive and dumb.
But in the long run, computers found their applications and people figured out how to put them to productive use. The world is unrecognizable today as a result.
So what’s the implication for AI? Thousands of CEOs admit that their hamfisted shoe-horning of AI into the workplace has done nothing? Big surprise. Are we just in the awkward adjustment phase, though?
I’m a little confused by the opening paragraphs. So the advent of computers was hailed as a great productivity booster, but in the beginning, productivity actually went down.
Is the article seriously contending that computers have not improved productivity? So there were grandiose expectations of huge boosts that would arrive immediately - so what? That’s naive and dumb.
But in the long run, computers found their applications and people figured out how to put them to productive use. The world is unrecognizable today as a result.
So what’s the implication for AI? Thousands of CEOs admit that their hamfisted shoe-horning of AI into the workplace has done nothing? Big surprise. Are we just in the awkward adjustment phase, though?
If the
CEOsMasters of the Universe can’t figure out how to use AI in 3 years then it is impossible and a waste of time, okay.I’ve been saying that since the 80s, just wait, this Internet thing is doomed to failure as prophesied by the CEO-class of yesteryear.