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function (IPF) and propose three models relating innovation, AI and population: AI as a research-augmenting technology; AI as … researcher scale enhancing technology; and AI as a facilitator of innovation. We show, performing model simulations calibrated on …
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, artificial intelligence, automation) may increase productivity growth but at the risk of having disruptive effects on employment …
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innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern values-particularly the … individualism and self-expression prevailing among the people-fueled the dynamism needed for widespread innovation." …
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innovation comes about and the speeds of both invention and diffusion. For much of human history, innovation had been primarily a … mills or the printing press. The mechanisms that account for innovation becoming a routine activity in terms of the …
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This Element develops an innovative combinatorial model of technological change and tests it with 2,000 years of data from global GDP data and US patents, thus generating the observed historical pattern of technological change. This Element models the Industrial Revolution as a combinatorial...
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