Measuring what work generative AI does: Survey evidence versus chat logs
The chat logs of AI companies are often used to measure what work AI actually does. This column uses a nationally representative US survey that
How minimum wages reshape firms and their productivity from within
How far can minimum wages rise without damaging jobs and output? This column uses evidence from France to show that firms respond not only by
Tax policy considerations for the circular economy
EU fiscal systems still favour linear production, as virgin extraction stays largely unpriced and labour-intensive repair is penalised. About 88 percent of materials are thrown
From AI pilots to scale: Improving the delivery of public services
How can AI be used to deliver better public services? That’s one of the big questions for developing countries. Governments are already experimenting with AI
Trump welcomes Xi to Washington looking for a trade win
US President Donald Trump welcomes Chinese President Xi Jinping to the White House on Thursday for a lavish state summit expected to be heavy on
Australia says OpenAI agent hacked government website, checks for more breaches
– Australia said on Thursday an OpenAI agent breached a government health data portal in June, gaining unauthorised access to files, in what could be
How data centres affect electricity prices and for whom
Increases in US electricity prices since 2020 have coincided with a sharp rise in demand from data centres. This column analyses the impact of the
The quality of capital allocation in Europe
Europe’s investment debate tends to ask how much capital can be mobilised and how quickly. Allocation quality also depends on who receives capital and on
Decoding AI — What the promise of artificial intelligence means for developing economies
Most of what we hear about artificial intelligence comes through the lens of advanced economies: the race to build the most powerful models, the fear
How to lend and spend money to increase the gains from international migration
It has long been argued that even relatively small increases in global migration could result in gains that far exceed the total of all foreign
