At the 2026 Inclusion · Bund Conference, Nobel laureate economist Philippe Agion said that AI is expected to increase productivity growth by an additional 1.08 percentage points per year over the next ten years, potentially affecting or surpassing the IT revolution; however, whether this technological potential can be transformed into continuous growth depends on whether competition policies, education systems, and labor market systems can keep up simultaneously. “0.68 percent is just a lower limit.” If we further consider the role of AI in promoting the generation of new ideas, Agion believes that the productivity growth rate may increase by at least 0.4 percentage points each year, with a total potential increase of about 1.08 percentage points. But he also cautioned that technological breakthroughs do not automatically translate into continued growth. “AI does have a lot of potential for growth, but whether it can be fully unleashed also depends on being able to handle competitive issues well.”

At the 2026 Inclusion · Bund Conference, Nobel laureate economist Philippe Agion said that AI is expected to increase productivity growth by an additional 1.08 percentage points per year over the next ten years, potentially affecting or surpassing the IT revolution; however, whether this technological potential can be transformed into continuous growth depends on whether competition policies, education systems, and labor market systems can keep up simultaneously. “0.68 percent is just a lower limit.” If we further consider the role of AI in promoting the generation of new ideas, Agion believes that the productivity growth rate may increase by at least 0.4 percentage points each year, with a total potential increase of about 1.08 percentage points. But he also cautioned that technological breakthroughs do not automatically translate into continued growth. “AI does have a lot of potential for growth, but whether it can be fully unleashed also depends on being able to handle competitive issues well.”