Introduction -- Cloud computuing: the new electricity -- Sensors: analog becomes digital -- Decoding the genome: stretching the meaning of life -- Big data: making sense of it all -- Predictive analytics: the end of hit and miss -- Artificial intelligence: computing evolves -- Robotics: rise of...

The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the elasticity of intertemporal substitution (of...