律动BlockBeats|2月 27, 2026 06:17
**[Economist: AI Productivity Dividend Unlikely to Solve Fiscal Dilemma, May Only "Buy Time" for High-Debt Economies]**
BlockBeats News, February 27 — Economists have analyzed that even if the productivity boom brought by artificial intelligence becomes a reality, it is unlikely to fundamentally resolve the public fiscal challenges faced by major economies. However, it may buy them more time for adjustments.
Filiz Unsal, an economist at the OECD, stated that if AI-driven productivity improvements can lead to employment growth, by 2036, the debt levels of OECD countries such as the United States, Germany, and Japan could be 10 percentage points lower than current projections—but they would still remain significantly higher than current levels.
Idanna Appio, an economist who previously worked at the New York Federal Reserve, pointed out that productivity improvements are like "magic," capable of greatly improving fiscal dynamics, but "our fiscal problems go far beyond what productivity can fix."
Analysts believe that population aging is the core challenge. Kevin Khang, Global Head of Economic Research at Vanguard, stated that the root of the debt issue lies in aging populations and the welfare spending tied to them. "Addressing this problem requires fiscal restructuring, and AI merely buys us time."
Additionally, uncertainties remain in terms of taxation and spending: if AI leads to reduced employment or if profits and capital gains benefit the most, fiscal revenues may fall short of expectations; if productivity improvements drive up private sector wages, the labor costs borne by governments could also rise. Barclays has warned that if an economic recession occurs before the AI boom arrives, markets may become prematurely concerned about fiscal trajectories.
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