SF Fed Data Shows No Productivity Gains from LLMs After $ Trillions Spent
GaryMarcus · x · 2026-09-02
A retweeted argument highlights that LLMs have burned trillions over four years with zero observable productivity gains or cumulative profit. Citing SF Fed data, it notes poor total-factor productivity compared to the dot-com era.
Related event: SF Fed Research Suggests AI Has Yet to Boost Productivity(2 posts)→
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