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AI as Capital Deepening: Substitution and Complementarity in Labour Markets

Economists, business leaders, and labor organizations anxiously await the results of the burgeoning AI revolution on white collar workers. Will workers be automated and replaced by AI, or use AI to increase their own productivity?...

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EU_trade

Saddique Ansari • February 04, 2020 • 1 min read

EU current account balance

Supply-side policy

Supply-side policy

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EU Budget

API Economies and the Modularization of Production

The dozens of apps on your phone can communicate with each other thanks to Application Programming Interfaces (APIs), which revolutionized software beginning in the year 2000. What are the economic ramifications of modularized production, where add-ons and expansions abound?...

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