EIB: AI creates productivity gains, but not for everyone, nor immediately
The European Investment Bank shows that AI increases productivity by around 4%, but gradually and unevenly, benefiting mainly large companies with data, capital, and skills, while SMEs lag behind. While the debate on the return on investment of artificial intelligence remains heated, a new study by the European Investment Bank provides fresh empirical evidence based on data from European companies. The findings are less spectacular than the marketing hype, but more solid: AI does generate measurable productivity gains, but only under certain conditions. Improved productivity The first key finding is that the effect exists and can be quantified…. EIB economists observe that « The adoption of AI increases labor productivity by around 4%. » « This is a modest but significant figure, especially in a context where many companies are…