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The trick: Cherry-Picked Slice

The Guardian says 90% of executives see no productivity gain from AI.

The survey behind it looked back over the last 3 years, and the same executives predict a 1.4% boost.

Issue 4616 October 202610 receipts3 min
Executives holding NO GAIN cards under a LAST 3 YEARS banner, then crowding a telescope pointed at a small rising arrow marked +1.4%.
AI illustration

The Guardian reports that 90% of executives say AI has yet to translate to productivity gains, citing an Atlanta Fed working paper, in a story about companies pumping the brakes on AI.

Before you read on. Your call?

The NBER abstract of Firm Data on AI says nine-in-ten executives report no impact on employment or productivity over the last 3 years. The same executives predict AI will boost productivity at their firms by an average of 1.4%. A second Atlanta Fed paper says gains are positive and expected to strengthen in 2026.

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The trick has a name

We call it Cherry-Picked Slice: the flattering subset, presented as the whole. You'll see it again. Learn to spot it →

Say this in tomorrow's meeting“The 90% is real, but it covers the last 3 years. The same executives predict AI will boost their productivity by 1.4%.”

Receipts

  1. Supports theguardian.com: 90% of executives say AI efforts have yet to translate to productivity gains at their companies
  2. Supports theguardian.com: started off fast and furious on AI are pumping the brakes
  3. Supports nber.org: executives report little own-firm impact of AI over the last 3 years, with nine-in-ten reporting no impact on employment or productivity
  4. Context nber.org: predicting that AI will boost productivity at their firms by an average of 1.4%
  5. Context atlantafed.org: more than 80 percent of firms reporting no impact on either employment or productivity
  6. Context atlantafed.org: around 70 percent of firms actively use AI
  7. Refutes atlantafed.org: Labor productivity gains are positive, vary across sectors, and are expected to strengthen in 2026
  8. Context atlantafed.org: perceived productivity gains are larger than measured productivity gains
  9. Context artificialintelligence-news.com: On average, they expect a 1.4% increase in productivity and a 0.8% rise in output.
  10. Context artificialintelligence-news.com: produced by teams from the Federal Reserve Bank of Atlanta, the Bank of England, the Deutsche Bundesbank and Macquarie University

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