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An arms race for an artificial general intelligence (AGI) would be detrimental for and even pose an existential threat to humanity if it results in an unfriendly AGI. In this paper an all-pay contest model is developed to derive implications for public policy to avoid such an outcome. It is...
Persistent link: https://www.econbiz.de/10011895813
This paper explores knowledge services clusters (KSCs) as a distinct and increasingly important form of geographic cluster, in particular in emerging economies: KSCs are defined as geographic concentrations of lower-cost skills serving global demand for increasingly commoditized knowledge...
Persistent link: https://www.econbiz.de/10012942062
Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to offer new features of products and services, to improve production, marketing and administration processes, and to introduce new business models. This paper analyses the extent to...
Persistent link: https://www.econbiz.de/10012500899
Following a market-oriented approach, policies aimed at increasing labour flexibility by weakening employment protection institutions should enable firms to efficiently allocate resources, improve their capability to compete on international markets and adjust to economic cycle. This work...
Persistent link: https://www.econbiz.de/10012436330
innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … suggestive evidence that equilibrium distortions in the direction of technology can be substantial in the context of industrial …
Persistent link: https://www.econbiz.de/10014226119
We investigate differences in labor demand between German automotive firms specializing in green propulsion technology …-universe of online job postings and firms’ patent portfolios. Workforce adjustments are a crucial dimension of technology … with a focus on combustion technology. This gap widens over time and is not driven by unobserved firm heterogeneity. Green …
Persistent link: https://www.econbiz.de/10014551870
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across sectors would enable emerging countries to...
Persistent link: https://www.econbiz.de/10013465158
Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across sectors would enable emerging countries to...
Persistent link: https://www.econbiz.de/10014229653
/medium-sized processors, can be overcome with innovation and technology adoption. Technologies and innovation in these sectors have been both …; and facilitate payments. We evaluate the role of technology in South African fresh fruit and selected processed food value …
Persistent link: https://www.econbiz.de/10012183585