Thousands of #CEO just admitted #AI had no impact on #employment or #productivity—and it has economists resurrecting paradox from 40 years ago
Newfangled computers were actually at times producing too much information, generating agonizingly detailed reports and printing them on reams of paper. What had promised to be a boom to workplace productivity was for several years a bust. This unexpected outcome became known as Solow’s productivity paradox.
https://fortune.com/2026/02/17/ai-productivity-paradox-ceo-study-robert-solow-information-technology-age/
https://archive.ph/tAUFb
Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

“You can see the computer age everywhere but in the productivity statistics," economist and Nobel laureate Robert Solow said in 1987.

Fortune