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Helping Small Businesses become more Data-Driven : A Field Experiment on eBay
Bar-Gill, Sagit; Brynjolfsson, Erik; Hak, Nir - National Bureau of Economic Research - 2023
becoming increasingly important. The adoption of analytics and DDD has been slower in small-to-medium enterprises (SMEs … increases, without increases in average prices. Our results suggest that analytics and DDD help SMEs establish a competitive … supporting the adoption of analytics tools by SMEs. Furthermore, policies supporting small businesses' transition to the data era …
Persistent link: https://www.econbiz.de/10014248007
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Generation Next : Experimentation with AI
Charness, Gary; Jabarian, Brian; List, John A. - National Bureau of Economic Research - 2023
We investigate the potential for Large Language Models (LLMs) to enhance scientific practice within experimentation by identifying key areas, directions, and implications. First, we discuss how these models can improve experimental design, including improving the elicitation wording, coding...
Persistent link: https://www.econbiz.de/10014372436
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Mapping the Knowledge Space : Exploiting Unassisted Machine Learning Tools
Teodoridis, Florenta; Lu, Jino; Furman, Jeffrey L. - National Bureau of Economic Research - 2022
Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation. Progress on this topic has been inhibited by difficulties in measuring distance and movement in knowledge space. We describe a methodology that infers the mapping of the...
Persistent link: https://www.econbiz.de/10013435165
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Parameter Recovery Using Remotely Sensed Variables
Proctor, Jonathan; Carleton, Tamma A.; Sum, Sandy - National Bureau of Economic Research - 2023
Remotely sensed measurements and other machine learning predictions are increasingly used in place of direct observations in empirical analyses. Errors in such measures may bias parameter estimation, but it remains unclear how large such biases are or how to correct for them. We leverage a new...
Persistent link: https://www.econbiz.de/10013537755
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Intuit QuickBooks Small Business Index : A New Employment Series for the US, Canada, and the UK
Akcigit, Ufuk; Chhina, Raman; Cilasun, Seyit Mümin; … - National Bureau of Economic Research - 2023
Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
Persistent link: https://www.econbiz.de/10014322738
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The Power of Proximity to Coworkers : Training for Tomorrow or Productivity Today?
Emanuel, Natalia; Harrington, Emma; Pallais, Amanda - National Bureau of Economic Research - 2023
Amidst the rise of remote work, we ask: what are the effects of proximity to coworkers? We find being near coworkers has tradeoffs: proximity increases long-run human capital development at the expense of short-term output. We study software engineers at a Fortune 500 firm, whose main campus has...
Persistent link: https://www.econbiz.de/10014437011
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AI Adoption in America : Who, What, and Where
McElheran, Kristina; Li, J. Frank; Brynjolfsson, Erik; … - National Bureau of Economic Research - 2023
We study the early adoption and diffusion of five AI-related technologies (automated-guided vehicles, machine learning, machine vision, natural language processing, and voice recognition) as documented in the 2018 Annual Business Survey of 850,000 firms across the United States. We find that...
Persistent link: https://www.econbiz.de/10014421214
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Generative AI at Work
Brynjolfsson, Erik; Li, Danielle; Raymond, Lindsey R. - National Bureau of Economic Research - 2023
We study the staggered introduction of a generative AI-based conversational assistant using data from 5,179 customer support agents. Access to the tool increases productivity, as measured by issues resolved per hour, by 14 percent on average, with the greatest impact on novice and low-skilled...
Persistent link: https://www.econbiz.de/10014250178
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How Many Americans Work Remotely? : A Survey of Surveys and Their Measurement Issues
Brynjolfsson, Erik; Horton, John J.; Makridis, Christos A. - National Bureau of Economic Research - 2023
Remote work surged during the Covid pandemic but there is disagreement about the extent of the change. To address this question, we field a new, nationally-representative survey: the Remote Life Survey (RLS). We find that in October 2020, 31.6 percent of the continuously employed workforce...
Persistent link: https://www.econbiz.de/10014250210
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The Potential Impact of Artificial Intelligence on Healthcare Spending
Sahni, Nikhil; Stein, George; Zemmel, Rodney; Cutler, … - National Bureau of Economic Research - 2023
The potential of artificial intelligence (AI) to simplify existing healthcare processes and create new, more efficient ones is a major topic of discussion in the industry. Yet healthcare lags other industries in AI adoption. In this paper, we estimate that wider adoption of AI could lead to...
Persistent link: https://www.econbiz.de/10013537751