WASHINGTON, D.C. – Gains from artificial intelligence (AI) could cause productivity to soar above expectations next year.
This is the prediction of Curtis Dubay, chief economist in the economic policy division of the U.S. Chamber of Commerce.
“The surge in productivity in the last few years pre-dates the introduction of AI. While we have had years to integrate automation technology and are finally seeing the economic gains from that evolution, the economic efficiency brought on by AI hasn’t really kicked off yet,” Dubay said.
“In 2025, we can expect businesses across the economy to better integrate AI into their processes. They are going to have no other choice because they will remain short of workers.”
Dubay added:
“AI will make their current workers more productive than they already are. This will boost growth even further and allow businesses to continue paying high wages, all while expanding their profit margins (as long as wage gain remains at current levels). That’s a win-win-win.”
Dubay made his predictions in a preview of 2025 titled: 2025 Economic Preview: A Year of Productivity-Driven Growth. In his preview, Dubay outlines how productivity will drive growth in 2025 and create new opportunities for American workers and businesses.
Editor’s Note: Click here to read 2025 Economic Preview: A Year of Productivity-Driven Growth.
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