While AI and robotics are hot topics in the media, they won’t likely be in the market for at least a decade until price comes down and functionality goes up, writes Rob Atkinson on the OECD-World Bank Innovation Policy Platform. So in the short-term, technological progress will depend in large part on broader and deeper “installation” of existing information and communications technologies (ICTs). This means that innovation policy needs to be oriented to spurring widespread adoption of ICTs in all industries, which will require more than traditional development policies.
