Productivity

Data from the National Center for Science and Engineering Statistics shows that 13.7 percent of firms who use artificial intelligence experienced an increase in total employment.

Europe has been enormously unsuccessful in creating substantial digital businesses for over three decades.

The use of cloud computing by firms has been proven to increase productivity and innovation and to lower costs.

Labour aims to revive the UK’s economy by focusing on spreading innovation across all sectors, addressing the nation's productivity challenges through practical measures. By building on existing projects and ensuring the adoption of new technologies, particularly in both high-tech and low-tech sectors, Labour can deliver visible results and drive meaningful growth across the country.

While a labor shortage may drive up the cost of labor in the short run, in the long run it results in increased labor productivity and reduced prices.

Rob Atkinson appeared on the Silicon Valley Leadership Group’s podcast Silicon Valley Vibes to discuss his new book Technology Fears and Scapegoats.

Critics highlight AI’s disruptive potential, citing concerns like bioterrorism and language loss. However, data shows Americans are generally more optimistic about AI’s benefits, suggesting policymakers should use this positive outlook to support AI in promising areas.

It’s easy to get excited about new breakthroughs, but the real power lies in diffusing technological advances throughout the entire economy.

A recent working paper found that firms that won H-1B visa lotteries experienced positive effects across all elements of the firm.

A recent working paper found that social media sites such as YouTube and WhatsApp increase the dissemination of information to the Indonesian rice farmers who use them.