Solow Trough Depth
-2.3%
Occurs at Year 2.5
Crossover Lag
Year 4.8
Measured turns net positive
15-Yr Measured Index
134.2
Baseline = 100.0
Max Intangible Gap
8.7 pts
Uncounted capital discrepancy
Labor Productivity Trajectory (Index: Year 0 = 100)
J-Curve EffectIntangible Asset Stock & Uncounted Gap
Capital Formation
Productivity Paradox Insights: 2020s GenAI Wave
During initial technology deployment, measured GDP labor productivity experiences a dip due to uncounted intangible capital formation (training, process redesign, software customization). In this scenario, measured productivity reaches a trough of -2.3% at Year 2.5 before crossover at Year 4.8, culminating in a 134.2 index level by Year 15.
Simulation Ledger & Export
| Year | Adoption Rate (%) | Measured GDP Prod | True Total Output | Intangible Asset Stock | Measurement Gap |
|---|