Note: Single-source report; awaiting corroboration.
Policy makers in OECD countries face challenges from a prolonged slowdown in productivity growth, despite the rapid emergence of digital technologies. While certain technologies hold promise for improving productivity and living standards, many have not been adopted widely or effectively enough to drive strong economic gains. Additionally, limited investment in intangible assets and communication networks has curbed their potential benefits.
The COVID-19 pandemic introduced both new challenges and opportunities within this technological landscape. Artificial Intelligence (AI) is seen as having significant potential to boost productivity and improve public services. However, its widespread adoption also raises concerns related to competition and inclusion.
The OECD underscores that addressing these challenges requires a comprehensive policy approach to accelerate digital uptake and ensure equitable distribution of the benefits of these technologies.