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Publications: Ian Clay

June 5, 2023

Fact of the Week: Improvements to Broadband Speed and Adoption Contributed $1.3 Trillion to US GDP Between 2010 and 2020

Economists from Telecom Advisory Services estimate that greater broadband adoption and faster speeds contributed $1.3 trillion to U.S. gross domestic product between 2010 and 2020

May 30, 2023

Fact of the Week: China’s Youth Unemployment Rate Reaches Its Highest Level on Record in April

20.4 percent of China’s population aged 16 to 24 years old (not including full-time students) were unemployed in April.

May 22, 2023

Fact of the Week: Access to an AI-Based Conversation Assistant Increased Customer Service Productivity by 14 Percent on Average

Access to an AI-based conversational assistant increased customer service productivity by an average 13.8 percent at Fortune 500 companies.

May 1, 2023

Fact of the Week: Two-Thirds of US Adults Think the Government Should Encourage the Production of Wind and Solar Power

In a survey conducted by the Pew Research Center last month, 66 percent of respondents said they believe the U.S. government should encourage wind and solar power production.

April 24, 2023

Fact of the Week: India’s Population Is Set To Overtake China’s This Month

The United Nations estimates that India’s population will reach 1.429 billion at the end of 2023, compared to China’s estimated population of 1.426 billion.

April 17, 2023

Fact of the Week: US Ranks 10th Among OECD Countries in Share of Employees With AI-Related Skills

In 2019, the AI workforce made up 0.37 percent of the total workforce in the United States, which ranked 10th out of 24 OECD nations and was only slightly higher than the OECD average of 0.34 percent.

April 10, 2023

Fact of the Week: US Ranks 12th Among Leading Markets in Share of Mid-Band Spectrum Allocated to Exclusive Licenses

The Federal Communications Commission auctioned off 270 MHz of mid-band radio spectrum to exclusive licensed use, and the United States now ranks 12th out of the 15 benchmark countries.

April 3, 2023

Data Is Not Oil, Bacon, or Gold: An Actual Measure of Data as an Asset

The struggle to understand data leads to bad analogies—that it is the new oil, the new bacon, or the new gold—and to bad government policies, as policymakers can’t make an informed cost-benefit analysis of digital policies, such as privacy, cybersecurity, digital trade, or innovation.

April 3, 2023

Fact of the Week: Apprenticeships in the US Increased by 66 Percent Between 2011 and 2021

Between 2011 and 2021, the number of active apprenticeships in the United States increased from 357,692 to 593,690, a 66 percent increase.

March 27, 2023

Fact of the Week: Each Industrial Robot Installed in Recent Years Created Between 13 and 16 Jobs

From 2005 to 2016, economists Jon Chung and Yong Suk Lee found that, while robots initially led to lower employment and wages for affected workers, that trend reversed as firms and workers adjusted to the broader adoption of robots in production.

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