The use of robotics will increase productivity and has the potential to bring more manufacturing production work back to developed countries. As productivity increases, labor is likely to receive a significant share of the benefits.

Robotics and the Future of Production and Work

5G wireless will drive economic growth for decades to come, but we need a comprehensive strategy to ensure a robust deployment and adoption of secure networks. A U.S. strategy for 5G should play to our strengths to overcome unfair practices that have made Huawei a leader.

A U.S. National Strategy for 5G and Future Wireless Innovation

The United States has no national, coordinated innovation policy system. In fact, its overall innovation system has been deteriorating. The country’s economic future and national security will depend on rising to the challenge of addressing this problem.

Understanding the U.S. National Innovation System, 2020

Arguments used to justify digital services taxes on large Internet companies are flawed. The United States should counter these proposals and work to restore international consensus around tax treatment for multinational companies.

Digital Services Taxes: A Bad Idea Whose Time Should Never Come

Growing animus toward “Big Tech” companies and generalized opposition to technological innovation engenders support for policies that are expressly designed to inhibit it. That is deeply problematic for future progress, prosperity, and competitiveness.

A Policymaker’s Guide to the “Techlash”—What It Is and Why It’s a Threat to Growth and Progress

For America to remain the global leader in IT, the U.S. government must formulate a grand strategy grounded in a new doctrine of “digital realpolitik.” The first priority should be advancing U.S. interests by spreading the U.S. digital innovation policy system and constraining digital adversaries, especially China. This will entail working with allies when possible—and pressuring them when necessary.

A U.S. Grand Strategy for the Global Digital Economy

Given that the economy has been in an unprecedented productivity growth slump—and the baby boom retirement wave is rising—taxing automation equipment ranks as a singularly bad policy idea.

The Case Against Taxing Robots

An increasingly digitalized global economy requires ever-more digitally skilled workforces for nations to remain productive. Unfortunately, domestic and international assessments of digital skills show the United States is lagging its competitors.

Assessing the State of Digital Skills in the U.S. Economy

The federal government has long avoided industrial policies outside of its defense sector. But now, facing competition from China, it is pursuing a series of new programs at a scale never tried before. The effort will require careful, system-wide planning to bear fruit.

Emerging Industrial Policy Approaches in the United States

Few policymakers and even fewer pundits or economic analysts understand U.S. competitiveness problems in a way that would lead them to the logical conclusion that a national innovation and competitiveness strategy would count as a viable solution.

How Nine Flawed Policy Concepts Hinder the United States From Adopting the Advanced-Industry Strategy It Needs

The federal government should significantly increase spending on research and development that specifically targets technologies likely to boost productivity in order to spur growth and reduce the budget deficit.

Why Federal R&D Policy Needs to Prioritize Productivity to Drive Growth and Reduce the Debt-to-GDP Ratio

The COVID-19 pandemic has revealed gaps in society’s digital readiness for social distancing. If policymakers seize the opportunity to address these gaps, they can make it easier to manage the next pandemic while providing significant long-term social and economic benefits.

Digital Policy for Physical Distancing: 28 Stimulus Proposals That Will Pay Long-Term Dividends

Attracting foreign investment is a key component of many countries’ economic development strategies. AR/VR solutions can help the process by providing engaging storytelling tools, helping to visualize potential investments, and reducing the need for in-person meetings and site visits.

Attracting Foreign Direct Investments Through Augmented and Virtual Reality

The United States needs an integrated national strategy to address the twin challenges of bolstering its manufacturing sector and averting climate change. Timely federal RD&D and deployment policies targeted to specific manufacturing industries could create comparative advantage, expanding domestic investment and employment.

Clean and Competitive: Opportunities for U.S. Manufacturing Leadership in the Global-Low Carbon Economy

Expanding the 25-year-old trade agreement that eliminates tariffs on ICT goods would spur broad-based growth for countries that sign on, because lowering prices increases ICT adoption, which spurs productivity and innovation throughout the economy.

How an Information Technology Agreement 3.0 Would Bolster Global Economic Growth and Opportunity

Daniel Castro speaks about AI's impact on electricity consumption at the 

Virtual Only

Daniel Castro speaks about AI's impact on electricity consumption at the Capital Goods Virtual Conference 2024.

Capital Goods: Artificial Intelligence, Data-centres, Electrification and Automation

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Robotics and the Future of Production and Work

A U.S. National Strategy for 5G and Future Wireless Innovation

Understanding the U.S. National Innovation System, 2020