Will ChatGPT Impact US Economy?

Digital Transformation
April 7, 2023

Paul Krugman predicts ChatGPT won’t transform the economy in the next decade.

But wait, didn’t he say the same about the internet in 1997?

Paul Krugman in 1997: “The Internet’s impact on the economy has been no greater than the fax machine’s….ten years from now, the phrase ‘information economy’ will sound silly.”

Paul Krugman in 2023: “Don’t expect ChatGPT to transform the US economy in the next decade.”

What are your thoughts on Krugman’s latest prediction? Do you think he could be right?

#ChatGPT #OpenAI #AITransformation #DigitalTransformation

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