| Sumario: | The article focuses on the rise of software investment as a reflection of increasing artificial intelligence (AI) adoption in U.S. businesses, based on data from the U.S. Bureau of Labor Statistics (BLS) productivity program. It highlights that from 2019 to 2024, private business capital investment grew faster in intellectual property products—particularly software—compared to equipment and structures, with software investment outpacing research and development and artistic originals. The software category includes prepackaged, custom, and own-account software, with publishing industries (excluding Internet) notably doubling their investment in software since 2022, coinciding with AI advancements such as large language models. This trend suggests that AI, fundamentally software used in production, is driving new efficiency and productivity gains in the economy.
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