Measuring-AI
2025
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This paper introduces a new metric, GDP-B, to measure the consumer benefits of digital technologies and AI, offering a more accurate reflection of economic well-being than traditional GDP.
* Explores the rapid adoption of generative AI and its implications.
* Proposes direct measurement of consumer welfare through online choice experiments.
* Analyzes the welfare gains from digital goods and their impact on inequality.
AI, consumer welfare, digital goods, GDP-B, economic measurement
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