The Projected Impact of Generative AI on Future Productivity Growth — Penn Wharton Budget Model
We estimate that AI will increase productivity and GDP by 1.5% by 2035, nearly 3% by 2055, and 3.7% by 2075. AI’s boost to annual productivity growth is strongest in the early 2030s but eventually fades, with a permanent effect of less than 0.04 percentage points due to sectoral shifts.| Penn Wharton Budget Model
