AI's Productivity Paradox: High Costs, Uncertain Gains
Update: 2025-10-25
Description
Will AI's productivity boost be an economic game-changer or a costly mirage? A new CIBC report highlights AI's potential to revolutionize labor productivity, but warns that massive costs for tech, data centers, and energy could hinder overall economic gains. The report questions whether displaced workers can transition quickly enough and whether the huge investments in AI infrastructure will truly pay off for the entire economy.
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