Remove Aggregate Demand Remove Development Remove Innovation
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Rethinking The Impact AI Might Have On Work

The Horizons Tracker

Unlike existing models, it considers three crucial factors: 1) the technical performance required for automation, 2) the cost of developing AI systems to achieve that performance, and 3) the economic attractiveness of automation compared to human labor costs. “We find that at today’s costs U.S.

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The More Climate Skeptics There Are, the Fewer Climate Entrepreneurs

Harvard Business Review

But how does the presence of climate skeptics affect the market for climate-related innovation? The higher the market demand for a drug, the greater the probability that at least one drug maker conducts basic research. To reduce flood damage to real estate, we will need architectural innovations. and in developing nations.

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What the U.S. Economy Needs More Than Manufacturing

Harvard Business Review

He also mentioned a plan for some sort of a stimulus to technological innovation, starting these manufacturing centers [like the one in Youngstown, Ohio]. But a jobs strategy has to be based on aggregate demand throughout the economy. That will make a contribution marginally, in my view. But a lot of them will be in services.

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