This story first appeared in TIME's new AI newsletter, In the Loop. You can subscribe here, for free, to get regular scoops like this directly into your email inbox. By how much, if at all, will AI ...
But in manufacturing, technological improvements can translate more directly into higher output per worker. This is what happens when industrial robots automate assembly-line tasks, allowing a single ...
Treasurer Jim Chalmers has said the slump is expected to continue for the next five years, while economists also forecast ...
Fans of artificial intelligence will cheer the latest third-quarter 2025 data, which revealed a major surge in productivity. There’s no doubt that companies are doing more with fewer workers these ...
U.S. labor productivity growth has been on the rise in recent years, gaining an average of 2.2% a quarter since 2023 due to public and private investments, new business formation, and surging ...
The timeline for an AI productivity boom will be “inherently slow” and “fraught with risk,” according to the country’s most powerful economic institution. Reading time 4 minutes Generative AI is not ...
Nonfarm productivity grew by 4.9% Q/Q in Q3, matching the consensus, and accelerating from the +4.1% increase in Q2 (revised from 3.3%), according to data released by the Bureau of Labor Statistics on ...
Businesses that undergo big jumps in productivity (value added per worker) tend to make one or more of five key bold strategic moves rather than gradually adjust their approaches over time. That's ...