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CAMBRIDGE — One of the defining economic challenges of our time is how to distribute the value generated by groundbreaking technologies, such as generative artificial intelligence and recent innovations in biomedicine and manufacturing, which rely on massive computing power. To improve living standards, the benefits of transformative technologies must be widely shared. So far,
CAMBRIDGE — Artificial intelligence is moving fast. People are using generative AI and large language models (LLMs) to build new services and perform existing tasks, and the underlying technology itself is advancing quickly. As the Nobel laureate economist Michael Spence observes, this wave of adoption could well yield significant productivity gains, after almost two decades
This year marks the 300th anniversary of the birth of Adam Smith, the founding father of modern economics. It comes...
CAMBRIDGE — This year marks the 300th anniversary of the birth of Adam Smith, the founding father of modern economics. It comes at a time when the global economy faces several daunting challenges. Inflation rates are the highest since the late 1970s. Productivity growth across the West remains sluggish or stagnant. Low- and middle-income countries are teetering on the brink of
AMD's new Radeon RX 7600 is a new mainstream GPU offering that is not unlike Nvidia's recent RTX 4060 Ti release - there's actually a decent product...