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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Should a Morning Staff Meeting Feel Like Homeroom?

“What’s the point of coming in if none of your co-workers are there? If you have to force employees to do something you think is in their benefit, it’s not in their benefit.” — Nicholas Bloom, Professor of Economics, Stanford ​University

Nicholas Bloom
Source: The New York Times
April 22, 2022

War’s Economic Fallout: A Tech-Worker Exodus from Three Nations

“They may have their reasons for letting highly skilled workers go. Such workers “are more entrepreneurial and willing to push for political change.” — Giovanni Peri, Professor of Economics, UC Davis

Giovanni Peri
Source: The Christian Science Monitor
April 21, 2022

That Big Tech Exodus Out of California Turns Out to Be a Bust

“But [working in the office two or three days a week and remotely the remainder of the week] does not allow an employee to move to another metro area entirely because they must still commute to work on some days.” — Nicholas Bloom, Professor of Economics, Stanford University

Nicholas Bloom
Source: Los Angeles Times
March 23, 2022

Refugee Crisis Will Test a European Economy Under Pressure

“It is uncertainty that now dominates the economic calculation” — Giovanni Peri, Professor of Economics, UC Davis

Giovanni Peri
Source: The New York Times
March 16, 2022

Economists Pin More Blame on Tech for Rising Inequality

“Automation-fueled inequality is not an act of God or nature, it’s the result of choices corporations and we as a society have made about how to use technology.” — Daron Acemoglu, Professor of Economics, MIT

Daron Acemoglu
Source: The New York Times
January 20, 2022

For big tech regulation, one-size-fits-all won't work

“You can worry about YouTube, Twitter, any social media platform with content moderation, but that's completely different than what's going on with Amazon and Google. If you lump them together, you're going to get the wrong solution because it's different problems.” — Carl Shapiro, Professor of Economics, University of California, Berkeley

Carl Shapiro
Source: TechTarget
October 29, 2021

Home Vs Office: What Is the Best Hybrid Work Mix for Workers?

“Think about a typical office week and think about what we do. For a typical worker 50 percent of that is activities that are social and best done face-to-face.” — Nicholas Bloom, Professor of Economics , Stanford University

Nicholas Bloom
Source: Al Jazeera
October 15, 2021

Would Robot Umpires Have Prevented the Wilmer Flores Giants-Dodgers Controversy?

“If the robot can be more objective than an umpire,” he said Friday, “then I think that is good for baseball, especially if fans feel that the robot is objective. ” — James Bessen, Executive Director , Technology & Policy Research Initiative at Boston University’s Law School

James Bessen
Source: The Washington Post
October 15, 2021

The Great Pandemic Work-from-Home Experiment Was a Remarkable Success

“Probably the biggest surprise of the pandemic was that working from home worked so well.” — Nicholas Bloom, Professor of Economics, Stanford University

Nicholas Bloom
Source: The Washington Post
October 14, 2021

As Workers Age, Robots Take on More Jobs

“Aging is a huge part of the story” in robot adoption.” — Daron Acemoglu, Professor of Economics, MIT

Daron Acemoglu
Source: Reuters
September 16, 2021
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TAP Blog

Automation and Inequality

Economics professors Daron Acemoglu, MIT, and Pascual Restrepo, BU, explain why the US and many industrialized countries are seeing rising wage inequality go hand in hand with modest productivity gains.

Daron Acemoglu and Pascual Restrepo

Fact Sheets

Artificial Intelligence

Artificial intelligence (AI) refers to technologies that perform learning and reasoning in ways that simulate human cognitive abilities.

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Featured Article

The Song Remains the Same: What Cyberlaw Might Teach the Next Internet Economy

Regulation is not truly incompatible with innovation. Over time, businesses that once resisted regulation will welcome the involvement of government, and regulators will learn to adopt creative solutions to new problems, just as in the early days of the Internet.

By: Kevin Werbach