So, let’s all take a deep breath and say together: “Technological change is not accelerating, but it would sure be nice if it would.”
Publications
November 1, 2019
October 28, 2019
In an op-ed for New Europe, Eline Chivot writes that AI can actually help reduce gender bias and improve social fairness in Europe.
October 28, 2019
The U.S. economy has polarized since 1980, with widening gaps between high- and low-skilled wages driving increased inequality. One study has provided a partial explanation for this trend, identifying that sectors with high “income elasticity” (where demand is more sensitive to changes in income) are more likely to employ both high- and low-skilled workers, but less likely to employ medium-skilled workers.
October 28, 2019
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.
October 25, 2019
Stephen Ezell presented about globalization trends and what Europe must do to turbocharge its digital economy at an event hosted by the Spanish think tank Cercle d’ Economia on October 25, 2019.
October 23, 2019
Nearly 25 percent of all R&D expenditures in China come in the form of government subsidies to firms. It would be ideal if China dramatically reduced these innovation subsidies so American workers in innovation industries would face a level playing field, but the chances of that happening are slim to none. It is time for the federal government to step up its game and provide significantly more support for industrial R&D.
October 22, 2019
Stephen Ezell presented about digital trade’s vital importance to Pacific economies at the Chinese Taipei Pacific Economic Cooperation Community’s 34th Annual Summit in Taipei on October 22, 2019.
October 21, 2019
In response to increased public pressure, both Congress and the Trump Administration have recently promoted efforts to reduce the price of prescription drugs in the United States. Several other countries have already imposed measures of their own.
October 21, 2019
The Massachusetts Joint Committee on the Judiciary will hold a hearing on October 22 to consider a bill that would enact a statewide of ban of government use of facial recognition technology. This is the latest overreaction to the fear, uncertainty, and doubt that activists have managed to harness into legislative action, and it risks far-reaching unintended consequences.
October 21, 2019
The United States continues to fall further behind world leaders in funding for university research. To reverse course, it should increase support by $45 billion per year and provide stronger incentives for businesses to increase their investments.