AI and economies: from capex boom to productivity payoff

The AI hype cycle shows no sign of slowing. But how much are the hundreds of billions in investment actually boosting economies, and when will that spending translate into meaningful productivity gains?In this episode, Senior Economic Adviser Vicky Redwood discusses her new report, 'How deeply is AI taking hold in the economy?', the latest addition to Capital Economics’ analysis of AI’s global impact. In conversation with David Wilder, she separates hype from reality, covering: Which economies are benefiting most from the global AI build-out  Why recent US productivity gains are evidence of AI’s impact  If the conflict in the Middle East could disrupt the AI rollout  Whether fears of an AI-driven jobs apocalypse are justified  What the Citrini note gets wrong about AI’s macro impactRead 'How deeply is AI taking hold in the economy?': https://www.capitaleconomics.com/publications/global-economics-focus/how-deeply-ai-taking-hold-economy