Babysitting The AI Slop
Christian Catalini draws lessons about adapting to AI from Bessen’s work on the industrial revolution
Category: All Articles
Tech Has Never Caused a Job Apocalypse. Don’t Bet on It Now.
Greg Ip at the Wall Street Journal argues that although there is a lot of fear about AI currently destroying jobs, the evidence is not there. Supposedly vulnerable software employment is at a record high.
What if AI turns out to be just…meh?
Optimists think artificial intelligence is going to change the world. Doomers think it’s going to wipe out humanity. But what if they’re both wrong? We explore the middle ground with AI realist, Jim Bessen CBC Radio/podcast https://www.cbc.ca/listen/live-radio/1-379-cost-of-living/clip/16196647-what-ai-turns-just…meh
Reskilling for AI Can Add Unlock High-Value Jobs
TPRI Executive Director James Bessen was the keynote speaker at the recent International Labour Organization webinar in its AI for Good series titled “What Will AI Do to Our Work?” Bessen challenged widespread fears that AI will cause mass unemployment. Instead he argued that AI has the potential to improve job quality, create new opportunities, […]
Digital (Killer?) Acquisitions
By Florian Ederer, Regina Seibel, and Timothy Simcoe
This article investigates how acquisitions of startups by major technology companies like Amazon, Apple, Google, Microsoft, and others affect innovation.
Second-Tier Stock Markets: The Hidden Engine Behind Global Entrepreneurship
By Huasheng Gao, Po-Hsuan Hsu, and Yuxi Wang
Many countries established their second-tier stock exchanges following the idea and format of NASDAQ in order to promote entrepreneurship and high-tech startups.
Growth of Firms under Injunction Risk
By Fred Bereskin, Po-Hsuan Hsu, and Huijun Wang
The use of an injunction during a patent dispute is one of the most valuable remedies available to plaintiffs, as alleged infringers are prohibited to make, use, or sell the item that infringes the covered patent. Injunctions were frequently awarded from the 1990s until 2006, alongside increased patent litigation.
Competing for Talent: Large Firms and Startup Growth
By James Bessen and Felix Poege
Is it better to work for a startup or a well-established large company? Is it better to dive into a startup’s dynamic, fast-paced world, where close-knit teams are the norm and every day brings a new, exciting challenge?
Do Patent Assets have a Second Life When Startups Fail? An Analysis of the Redeployment Likelihood and Mode of Transfer
By Carlos J. Serrano and Rosemarie H. Ziedonis
Venture capital-backed startups are fertile sources of patented inventions, yet they often go out of business. Ewens & Farre-Mensa (2022) report that up to 40 percent of startups that received VC financing between 1992 and 2009 shut down and were terminated at a loss.
Dynamics of High-Growth Young Firms and the Role of Venture Capitalists
By Yoshiki Ando
Among all newly established firms in the United States since 1980, only around 0.2% of them have raised venture capital (VC) financing. Nonetheless, VC-backed firms accounted for more than 10% of net employment growth and more than 15% of net payroll growth in the economy.