RBA's Hunter says there is limited evidence so far that AI has lifted productivity

RBA Assistant Governor Sarah Hunter said in a Sydney speech: "So far, there is limited evidence that AI has materially lifted aggregate productivity". She said current estimates of AI's effect on annual productivity growth over the next decade "range from over 2 per cent per annum to just 0.1 per cent", and that it is "too early to say how large the effects will be".