Summary
- The article discusses how artificial intelligence (AI) and technology could lead to a revival of economic growth globally.
- Despite advancements in technology, productivity growth has slowed down in recent years, impacting different countries for various reasons.
- AI, like ChatGPT, is seen as a significant productivity innovation and could impact productivity growth, income inequality, and industrial concentration.
- The right policies are necessary to ensure higher productivity, inclusivity, and less market concentration in emerging market economies.