Nobel Laureate Warns AI Cannot Recreate High Economic Growth Era
2026-07-07 14:12

Woofun AI reports that 2010 Nobel Laureate Christopher Pissarides warned artificial intelligence will not return Western economies to an era of high productivity growth. Pissarides stated that up to 40% of jobs in the United States and the United Kingdom, particularly in healthcare and hospitality, will remain largely unaffected by AI. He challenged claims by Nvidia CEO Jensen Huang and OpenAI founder Sam Altman regarding profound employment impacts, noting little evidence that AI can significantly boost productivity. "I doubt we will see a repeat of the computer boom of the 1980s and 1990s," Pissarides said.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
Christopher Pissarides
Pissarides
Jensen Huang
Sam Altman
OpenAI
Nvidia
Share:
back