• The Business of Artificial Intelligence Startups

    James Bessen, Stephen Michael Impink, Lydia Reichensperger, and Robert Seamans

    A new survey of AI startups offers insight into AI's impact on jobs and the economy, including data suggesting a competitive market for startups and the use of AI to enhance rather than replace human labor. Read More →

  • The Policy Challenge of Artificial Intelligence

    James Bessen

    Across all major sectors of the economy, proprietary information technology is increasing the market dominance of large firms, which is evidence of a slowdown in the spread of technical knowledge throughout the economy. The result is rising industry concentration, slower productivity growth and growing wage inequality. The key challenge to IP and antitrust policy will be counter this trend yet maintain innovation incentives. Read More →

  • Is Automation Labor-Displacing? Productivity Growth, Employment, and the Labor Share

    David Autor and Anna Salomons

    While many technological innovations replace workers with machines, what effect does that have on overall employment and productivity? This paper explores automation's impact on total employment and aggregate demand. Read More →