Effects of AI Use on Productivity

As the "Fourth Industrial Revolution" boom came amid advances in artificial intelligence technology in the latter half of the 2010s, many countries including Japan formulated AI promotion strategies. Recently, the use of generative AI such as Chat GPT has spread rapidly. An increasing number of companies are using generative AI for documentation, sales activities, customer support, etc.

Since AI is a general-purpose technology with a wide range of applications, its development and spread has the potential to significantly increase the productivity of the economy as a whole. It has been pointed out that if AI reaches a technological singularity where […]

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