Millennials’ living standards have stalled and AI is their hope: Wood (opens original article in a new tab)

Millennials' living standards have stalled for 75 years, with AI offering potential productivity gains to improve future economic prospects.

• Millennials' living standards and disposable incomes have not improved compared to their parents in 75 years
• AI is seen as a potential solution to boost labour productivity by 0.4% annually
• Productivity Commission chairwoman Danielle Wood highlights the economic stagnation of millennials