Bond.az - Artificial intelligence is having a minor impact on macroeconomic output despite widespread corporate adoption, according to BofA Global Research.
Data shows AI integration lifts aggregate productivity by about 0.1% per year.
While distinct productivity gains are seen in specific corporate tasks, these local increases have not scaled across the broader economy.
BofA economists cite delayed adoption timelines, skills gaps, and organizational constraints as key headwinds.
Long-term projections suggest the impact could scale tenfold as AI models improve.
