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Fortune
Fortune
Sasha Rogelberg

AI’s productivity gains are years away, but if it doesn’t deliver, it could make unsustainable debt levels even worse, Deutsche Bank economist says

(Credit: Spencer Platt/Getty Images)

Economists are waiting for data to indicate AI has delivered on its promises of productivity gains, but that moment is likely years away, according to Jim Reid, Deutsche Bank Research Institute global head of macro and thematic research.

Reid predicted that AI would, indeed, create new jobs and increase workplace efficiency, but said people are being a little overambitious in their timelines of when the technology will have a rippling impact on the economy.

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