Explore August’s financial pulse: widespread layoffs, rising stocks, BNPL credit models, and steady mortgage rates impacting markets and consumers alike.
Tag: labor market
AI Boosts Worker Productivity by 33% Per Hour, Study Finds
New research reveals generative AI increases worker productivity by 33% for each hour it’s used, signaling a major shift in workplace efficiency.
AI Boosts Productivity But Full Economic Impact Still Years Away
Goldman Sachs forecasts AI will drive economic growth starting in 2027, with 15% increase in US labor productivity and 7% rise in global GDP by late 2030s.