By Daron Acemoglu Published in project syndicate on May 21, 2024 If you listen to tech industry leaders, business-sector forecasters, and much of the media, you may believe that recent advances in generative AI will soon bring extraordinary productivity benefits, revolutionizing life as we know it. Yet neither economic theory nor the data support such exuberant forecasts. […]
By Daron Acemoglu Published in project syndicate on May 21, 2024 If you listen to tech industry leaders, business-sector forecasters, and much of the media, you may believe that recent advances in generative AI will soon bring extraordinary productivity benefits, revolutionizing life as we know it. Yet neither economic theory nor the data support such exuberant forecasts.[…]
22
MayBy Mehtab Haider Published in The News on May 22, 2024 ISLAMABAD: With an increase in per capita income in dollar terms to $1,680, Pakistan’s provisional growth rate turned positive and stood at 2.38 percent for the current fiscal year 2023-24, largely driven by the agricultural sector. Although the government missed its annual GDP growth rate target[…]
