Productivity

Instead, they will boost productivity, lower prices and spur the evolution of the labor market.

Call me heartless, but nothing would make me happier than seeing 50 percent of American jobs automated over the next decade or so. Automation and displacement equal progress.

If fully funded, the R&D investments in the CHIPS Act could raise U.S. productivity by 0.2 percent to 0.4 percent over seven years.

New BLS data shows wages for the bottom fifth percentile of earners grew 49 percent in the last 10 years, versus 31 percent for the top fifth. Policymakers should spur productivity growth to keep raising incomes across all socioeconomic levels.

ITIF respectfully urges the FRA to approve the requested relief and to initiate broader regulatory modernization that embraces autonomous safety technologies.

Canadian firms are underinvesting in productivity-enhancing capital such as machinery, software, and advanced technologies. Without targeted reforms to boost investment and improve data collection, Canada risks falling further behind in global competitiveness and economic growth.

A recent working paper finds that management quality plays a pivotal role in determining whether firms expand, contract, acquire, or shut down.

In the Trump and China era, South Korea must move beyond export-led growth. Scaling up small firms and boosting productivity in services must be national imperatives.

A survey conducted in November 2024 finds that 20.5 percent of workers who used generative AI at least once over the previous week reported saving four hours or more in work time.

Japan is facing a demographic crisis, with a population aging faster than any other in the world. 3D printing offers a solution, enabling Japan to modernize its aging infrastructure and build new developments despite its shrinking labor force.