Gary Marcus cites data: AI capex boom yields no productivity gains
GaryMarcus · x · 2026-08-29
Gary Marcus shares a perspective noting that after 2-3 years of an AI capex boom, there has been no surge in labor productivity or TFP. It has also failed to bring product price deflation, killer consumer apps, or household employment gains, despite massive equity price appreciation.
Related event: Gary Marcus: Trillions in AI Spending, No Productivity Gains(2 posts)→
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