There’s a lot potential still since most companies haven’t adopted these technologies yet. The market pricing these productivity gains may actually be correct.
> A 2024 working paper by Kathryn Bonney and others found that only 5.4% of firms had formally adopted generative AI as of February 2024. While firms’ adoption may increase over time, it still lags far behind, suggesting that worker adoption remains mostly informal. Thus, we emphasize that these potential productivity gains from generative AI may not immediately appear in productivity statistics, at least for now.