Issues

Innovation and Economic Growth

Researchers today are trying to understand how information technology affects innovation, productivity, and economic growth while studying the impact of political and legal ground rules. Academics featured here are looking at the potential to create jobs and keep policymakers aware of emerging trends in technology.

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Quotes

Video Game Effort Could Help Regulate Future Drone Traffic

"The hurdles are not just regulatory. This stuff is very hard to do. I think the Utah project is important because it's a step toward trying to validate that this stuff would work safely." — Ryan Calo, Cyberlaw and Robotics Professor, University of Washington


M. Ryan Calo
Source: ABC News
April 25, 2019

'Disastrous' Lack of Diversity in AI Industry Perpetuates Bias, Study Finds

"The industry has to acknowledge the gravity of the situation and admit that its existing methods have failed to address these problems. The use of AI systems for the classification, detection, and prediction of race and gender is in urgent need of re-evaluation." — Kate Crawford, Co-director and Co-founder, AI Now Institute


Kate Crawford
Source: The Guardian
April 16, 2019

Trump’s Plan to Keep America First in AI

"Are they aware enough of its social impacts and thinking about the effects on society and how to address the problems it creates? That’s what we have to watch for." — Ryan Calo, Professor of Law, University of Washington


M. Ryan Calo
Source: Wired
February 11, 2019

Trump to Launch Artificial Intelligence Initiative, But Many Details Lacking

"The White House’s latest executive order correctly highlights AI as a major priority for U.S. policymaking." — Kate Crawford, Co-Director, AI Now


Kate Crawford
Source: Science
February 11, 2019

Trump Calls for Investment in Artificial Intelligence

"The good news is America’s research infrastructure in artificial intelligence is leading the world. But other countries are making much more aggressive investments and rapidly closing the gap, especially China." — Erik Brynjolfsson, Professor of Economics, MIT


Erik Brynjolfsson
Source: AP News
February 11, 2019

Why Business Leaders Shouldn’t Have Blind Faith in AI

"I’ve seen companies blow hundreds of millions of dollars by letting engineers make decisions without the input of business people. Machine learning solves simple problems, but it is not sentient. And it struggles when applied to many business problems." — Susan Athey, Professor of Economics, Stanford Graduate School of Business


Susan Athey
Source: Fast Company
February 6, 2019

Tech Is Splitting the U.S. Work Force in Two

"The view that we should not worry about any of these things and follow technology to wherever it will go is insane. In the standard economic canon, the proposition that you can increase productivity and harm labor is bunkum." — Daron Acemoglu, Professor of Economics, Massachusetts Institute of Technology


Daron Acemoglu
Source: The New York Times
February 4, 2019

Is that tweet from a human? N.J. lawmaker wants bots to identify themselves, but experts have concerns.

"So while on its face it doesn’t require someone to say who they are, as enforced it has that potential, and it creates a tool to unmask people just by calling them bots." — Ryan Calo, Professor of Law, University of Washington


M. Ryan Calo
Source: Philadelphia Inquirer
December 28, 2018

China Is Achieving AI Dominance by Relying on Young Blue-Collar Workers

The article explains how China is embracing a new type of work in order to be a world leader in artificial intelligence: the country relies on young “data labelers” who work eight hours a day processing massive amounts of data to feed algorithms and train automated systems. James Bessen, Boston University School of Law, is quoted.
James Bessen
Source: Motherboard
December 21, 2018

Our Pick of the Decade’s Eight Best Young Economists

The Economist names MIT’s Heidi Williams among "the decade's eight best young economists." Professor Williams is lauded for her pursuit of a "more rigorous understanding of technological progress in medicine and health care."


Heidi Williams
Source: The Economist
December 18, 2018
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TAP Blog

Matthew Slaughter Offers an Immigration Proposal for Skilled Workers

Matthew Slaughter, Dean of the Tuck School of Business at Dartmouth College, discusses how place-based “heartland” visas could help arrest the decline of high-skilled workers in America.

TAP Staff Blogger

Fact Sheets

Innovation

Innovation is a word used to describe new ideas and inventions that have impact – impact to consumers, to markets, to industries, to the economy as a whole, and even to society and culture.

Featured Article

The Big Data Boom Is the Innovation Story of Our Time

This article provides a lay summary of recent developments in business uses of big data sets.

By: Erik Brynjolfsson, Andrew McAfee