Showing 1 - 10 of 12
Economies of scope in data aggregation (ESDA) are attracting the attention of policymakers and researchers because of the efficiency gains they could bring about. Antitrust authorities, in turn, are concerned about their potential anti-competitive outcomes. However, the concept remains blurry...
Persistent link: https://www.econbiz.de/10014254702
The rapidly evolving market for artificial-intelligence services is apparently thriving and very competitive, with a growing number of AI start-ups and ever larger and more capable AI models. Investors are pouring large amounts of money into start-ups and into a few big tech firms that have the...
Persistent link: https://www.econbiz.de/10015051582
European Union policymakers want to close the artificial intelligence innovation gap with the United States, as a way to accelerate lagging productivity growth. The EU focus is on expanding an existing supercomputer network with more AI hardware and computing infrastructure, with taxpayer...
Persistent link: https://www.econbiz.de/10015077118
This working paper explores the tension between rapidly increasing artificial intelligence investment costs and the slower pace of productivity growth, raising concerns about a potential 'economic winter' for AI. AI has shown significant technological progress, particularly with machine learning...
Persistent link: https://www.econbiz.de/10015073389
We investigate three alternative but complementary indicators of market power on one of the largest online labour markets (OLMs) in Europe: (1) the elasticity of labour demand, (2) the elasticity of labour supply, and (3) the concentration of market shares. We explore how these indicators relate...
Persistent link: https://www.econbiz.de/10013184663
We investigate three alternative but complementary indicators of market power on one of the largest online labour markets (OLMs) in Europe: (1) the elasticity of labour demand, (2) the elasticity of labour supply, and (3) the concentration of market shares. We explore how these indicators relate...
Persistent link: https://www.econbiz.de/10013185859
Persistent link: https://www.econbiz.de/10013191582
We investigate three alternative but complementary indicators of market power on one of the largest online labour markets (OLMs) in Europe: (1) the elasticity of labour demand, (2) the elasticity of labour supply, and (3) the concentration of market shares. We explore how these indicators relate...
Persistent link: https://www.econbiz.de/10013311250
Persistent link: https://www.econbiz.de/10014381383
There is a long-standing economic research literature on the impact of technological innovation and automation in general on employment and economic growth. Traditional economic models trade off a negative displacement or substitution effect against a positive complementarity effect on...
Persistent link: https://www.econbiz.de/10012897233