New NBER paper based on a survey of CFOs. Firms report no productivity increases due to AI adoption so far but expect a 1.4% productivity boost over the next 3 years. www.nber.org/papers/w34836

Generative AI is an engine for churning out contaminated information faster than people can produce safe information, let alone fact check and correct it. And corrections never remove the original contamination, it's an attempt to stem the metaphorical bleeding and hope for the best. 11/