Measuring the AI Economy

2026

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AI-generated summary

1) This paper provides a crucial macroeconomic estimate of AI production and a framework for "AI GDP," offering vital insights into the rapidly growing AI economy that traditional statistics currently miss.
2) * Constructs macroeconomic estimates of total AI production in the U.S., combining inference and R&D/training activities.
* Develops a nascent framework for "AI GDP" to track the AI economy as a coherent whole.
* Highlights the significant growth of quality-adjusted AI output, far exceeding nominal spending.
3) AI, economy, GDP, measurement, production

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