Dossier
Aakash Kalyani
Coverage of Aakash Kalyani in the Nexus archive.
- Fed study: AI’s slow productivity story fits a century-old historical pattern
A Federal Reserve Bank of St. Louis study analyzing 490,000 corporate earnings calls found no measurable productivity gains from AI yet, but suggested AI may be creating structurally invisible gains by making outputs cheaper and less valuable. The study noted 95% of AI-related productivity discussions in earnings calls focus on future expectations, with executives generally optimistic about AI's impact.