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Patrick Joyce

@PatrickJoyce wrld.org
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Patrick Joyce 10h
American politician

Patrick Joyce warns of a situation where jobs disappear without companies achieving a significant productivity gain. #AI #Produktivitet #Arbetsmarknad (translated)

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Patrick Joyce 11h
American politician

AI has the potential to give Swedish productivity a significant boost. But it's not enough for companies to start using AI. The crucial factor is whether the technology is used in a way that time savings actually lead to greater value creation, says Patrick Joyce, Chief Economist at Almega. – That an employee can complete a task faster is not the same as the company becoming equally more productive. The real gain arises only when companies change their working methods and organization and use the freed-up time for activities that create more value, says Patrick Joyce, Chief Economist at Almega. – AI has not yet generally boosted Swedish productivity. However, various studies show that productivity has increased the most in the industries where AI usage is highest. Therefore, the extent of productivity gains going forward will not only depend on what AI can do, but also on how the technology is used, says Patrick Joyce, Chief Economist at Almega. #AI #Produktivitet #Tjänstesektor (translated)

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