Nobel Prize-winning economist Christopher Pissarides says artificial intelligence is unlikely to bring Western economies back to an earlier era of rapid productivity and overall growth. Across reporting, he responds to the widespread expectation that technology—particularly AI—could reverse long-running trends of slower growth seen in recent decades. Pissarides argues that the period of fast growth may be permanently behind Western countries, meaning AI’s impact is not likely to match the scale implied by some forecasts or hopes. The outlets describe how both governments and technology companies are looking to AI as a potential driver of a renewed growth cycle, but his view is that structural and economic realities limit the likelihood of returning to past growth rates. His remarks therefore cast doubt on scenarios that treat AI as a direct catalyst for a sustained productivity surge comparable to earlier breakthroughs. While the articles note his skepticism about the “rapid growth” narrative, they do not suggest AI has no role; rather, his central claim is that it will not recreate the specific economic conditions of the prior high-growth period.