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We conduct the first empirical test of the knowledge burden hypothesis, one of several theories advanced to explain increasing team sizes in science. For identification, we exploit the collapse of the USSR as an exogenous shock to the knowledge frontier causing a sudden release of previously...
Persistent link: https://www.econbiz.de/10012458968
Innovation is often predicated on discovering useful new combinations of existing knowledge in highly complex knowledge …
Persistent link: https://www.econbiz.de/10012453175
We ask whether a technical objective of using human performance of tasks as a benchmark for AI performance will result in the negative outcomes highlighted in prior work in terms of jobs and inequality. Instead, we argue that task automation, especially when driven by AI advances, can enhance...
Persistent link: https://www.econbiz.de/10014421192