Advances in artificial intelligence (AI) will unlock a long-term productivity miracle, says Nouriel Roubini , the often gloomy professor and economist known as "Dr. Doom."
"There is a lot of talk about technological innovation, AI, machine learning, robotics, automation, cloud computing, and quantum computing, and you name it. But we don’t see that in the aggregate productivity number. Productivity growth in the US has been barely 1%, slightly lower. In 10 years, are we going to see a significant increase in productivity? I’m quite optimistic. I’m a productivity optimist and a technology optimist," Roubini told Yahoo Finance Live (video above).
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