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In this paper I argue that the manufacturing sector still has an important role to play in Africa's development. Despite failing to industrialize in the past, there may be a new window of opportunity. This is due to the convergence of what has been called "brilliant" new technologies associated...
Persistent link: https://www.econbiz.de/10011949049
After a number of AI-winters, AI is back with a boom. There are concerns that it will disrupt society. The immediate concern is whether labor can win a 'race against the robots' and the longer-term concern is whether an artificial general intelligence (super-intelligence) can be controlled. This...
Persistent link: https://www.econbiz.de/10011993083
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Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011951702
research is needed to elaborate the design of systems of public procurement of AI innovation and for appropriately adjusting … the legal frameworks underpinning high-tech innovation, in particular dealing with patents created by AI. …
Persistent link: https://www.econbiz.de/10011895813
Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … technological innovation to raise labor productivity. This paper identifies three reasons why technological innovation has become …
Persistent link: https://www.econbiz.de/10011772201
Artificial Intelligence (AI) is a potentially powerful tool in the fight against the COVID- 19 pandemic. Since the outbreak of the pandemic, there has been a scramble to use AI. This article provides an early, and necessarily selective review, discussing the contribution of AI to the fight...
Persistent link: https://www.econbiz.de/10012199140
In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The …, interrelated explanations: (i) an innovation system locked into incremental innovation, (ii) a slowdown in the diffusion of … technology, (iii) weaknesses in the education system, and (iv) entrepreneurial stagnation. Implications for policy are noted. Our …
Persistent link: https://www.econbiz.de/10012440279