Concepts and Challenges of Measuring Production of Artificial Intelligence in the U.S. Economy

Artificial intelligence (AI) is not just reshaping industries, it’s becoming an integral part of economic growth. While much attention is given to AI’s applications, understanding its production is equally crucial for measuring its true impact. From chip manufacturing to software development and research investments, AI production spans multiple sectors, making it a challenge to quantify in national economic accounts. By refining measurement approaches and leveraging new data sources, we can gain a clearer picture of AI’s contribution to GDP, ensuring better policy and investment decisions in the future.