I am an author, independent researcher and speaker exploring innovation, information technology trends and markets. I served as co-chair of the 2023 AI Summit in New York, as well as the 2021 and 2022 Summits. I regularly contribute to Harvard Business Review on AI topics.
Many see technology as the way out of the world’s lagging productivity crisis — but its results so far have been murky at best. Still, digitization and AI — along with broader economic adjustments — are seen as the best hope for moving productivity in the right direction.
But the impacts of these technology initiatives may fade fast, the report, written by Jan Mischke and a team of McKinsey co-authors, cautions. And while notable productivity boosts showed up in the information, computing, telecommunications sector, it did not permeate other industries.Technology and digitization’s benefits are long term.
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