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008260630t20262026onca    ob   f000 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
043 |an-cn---
0861 |aFB3-5/2026-20E-PDF
1001 |aKorinek, Anton, |eauthor.
24510|aMeasuring the AI economy / |cAnton Korinek, Patrick McKelvey.
264 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2026.
264 4|c©2026
300 |a1 online resource (21 pages) : |bcolour illustrations.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = Document de travail du personnel, |y1701-9397 ; |v2026-20
500 |aIncorrect ISSN (1701-9397) printed in this publication.
500 |a"Last updated: June 18, 2026."
504 |aIncludes bibliographical references (pages 20-21).
5203 |a"We construct a macroeconomic estimate of total AI production for the United States, combining inference and R&D/training activities and applying quality adjustments based on the evolution of API prices at fixed performance levels and the pace of algorithmic progress. We estimate that nominal AI compute spending grew over 140% per year each in 2024 and 2025, raw compute capacity grew over 200% per year, and quality-adjusted AI output grew over 2000% per year. These growth rates reflect three compounding forces: expanding data-center capacity, continued improvements in chip efficiency, and rapid algorithmic progress. We then employ our estimates to develop a nascent framework for "AI GDP" that tracks the AI economy as a coherent whole rather than dispersed across standard industry classifications. Quality-adjusted AI GDP grew by more than 2500% each in 2024 and 2025. Our measures complement traditional national accounts by providing visibility into a fast-moving sector whose activity is difficult to isolate in existing statistics, and they may serve as building blocks for satellite accounts that track AI's growing role in the economy"--Abstract, page 1.
650 0|aArtificial intelligence|xEconomic aspects|zUnited States.
650 6|aIntelligence artificielle|xAspect économique|zÉtats-Unis.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2026-20.|w(CaOODSP)9.806221
85640|qPDF|s1.33 MB|uhttps://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-5-2026-20-eng.pdf