The Potentially Large Effects of Artificial Intelligence on Economic Growth
Joseph Briggs, Devesh Kodnani · Goldman Sachs Global Economics Analyst · 1 Jan 2023
Where this sits in the debate
- Will AI actually boost productivity and growth?
- Will AI destroy more jobs than it creates?
- How fast will the impact arrive?
Direction of the finding as read from the abstract by an AI model (AI-written).
Key takeaway AI-written
This widely circulated Goldman Sachs research note estimates that generative AI could eventually raise global GDP by roughly 7% (about $7 trillion) over a 10-year period and lift annual productivity growth by around 1.5 percentage points, while exposing roughly two-thirds of current U.S. jobs to some degree of AI automation. As one of the most-cited 'optimistic' macro estimates in the public debate, it is frequently contrasted with more conservative academic estimates such as Acemoglu's.
About this publication
Industry report. An industry or consultancy report — produced outside academic peer review.
- Published
- 2023 (46 months ago)
- Citations
- Not recorded for this source
□ added to this collection in 2026.
Devesh Kodnani, Joseph Briggs signed the wemustactnow.ai letter — part of why this paper is in the collection.
Related by theme, not necessarily by method or conclusion.
- A Research Agenda for the Economics of Transformative AI
Communications of the ACM · 2026 - Macroeconomic productivity gains from Artificial Intelligence in G7 economies
OECD · 2025 - Generative AI in Business Analytics: Opportunities and Risks for National Economic Growth
Journal of Computer Science and Technology Studies · 2026 - The Impact of Artificial Intelligence as a General-Purpose Technology on Economic Growth and Structural Transformation: An Innovation Ecosystem Perspective
Economies · 2026
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