Work

AI and task efficiency

Year: 2025

Type: article

Abstract: We model several ways in which AI may improve decisions, raise the productivity of firms, and raise human capital growth. Each focuses on activities that involve problem solving, with solutions being guided by signals. If AI raises the accuracy of the signals, humans will then make better decisions — individually and in groups.

Source: Journal of Monetary Economics

DOI: 10.1016/j.jmoneco.2025.103877

Authors: Boyan Jovanovic, Peter L. Rousseau

Institutions: New York University, Vanderbilt University

Language: English

Topic: Economic Growth and Productivity

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: hybrid

Estimated APC paid: $4,660