The American worker is on a productivity tear and it may have more to do with a surge in working from home than the effects of AI, according to a Stanford economist.

For the past five years, the output for non-farm businesses has increased by a sizable 2% per year, The Economist reported citing statistics from the Bureau of Labor Statistics. This is a marked increase from the 1% productivity growth per year that defined most of the 2010s, and a trend that has taken even Federal Reserve Chairman Jerome Powell by surprise.

Yet, while the hype around AI over the past several years makes it a logical candidate for the main driver behind the productivity boom, Nicholas Bloom, a Stanford economics professor who is known for explaining the Great Resignation of the early 2020s, says it’s more likely work-from-home policies since the pandemic are fueling the trend.

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[–] 4 points 5 months ago* (1 child)

Yep. Luna performed exceptionally well and is currently running a profit at Anthropic's shop.

That's been kinda swept under the rug though; not sure why

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  • [–] 2 points 5 months ago*

    Probably because the AI fucked up a bunch of shit and customers, employees, and contractors had negative feedback. The whole article is about how it did a shitty job then said it did the things it failed at successfully.

    Bunch of bullshit.

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