Future jobs: AI, robots, and jobs in developing countries
Studies of the impact of robots on labour markets often conceptualise jobs as bundles of distinct tasks. In such frameworks, technologies substitute or complement workers.
Chat Bankman-Fried: An experiment on LLM ethics in finance
As large language models gain traction, it is important to ensure that decisions delegated to them comply with ethical and legal principles. This column reports
How is innovation competition exacerbating global overcapacity?
The world is moving into a period of entrenched manufacturing overcapacity, threatening deflation and stagnant growth. Over the past two decades, China has emerged as
Britain’s AI hopes face harsh reality of high electricity costs
Britain’s ambition to rev up its economy and tap the AI revolution faces the harsh reality that the abundant, clean and reliable electricity supply this
Are Capital Incentives Slowing the Diffusion of Cloud, Big Data, and AI?
We live in a world overflowing with data, yet turning this abundance into economic growth and job creation remains a significant challenge. Cloud computing has
Artificial intelligence in finance
Artificial intelligence is rapidly reshaping the financial sector. This column introduces the seventh report in The Future of Banking series, which examines the fundamental transformations
AI in public employment services: Unlocking potential, avoiding pitfalls
Public employment services are rapidly turning to artificial intelligence (AI) to develop a range of sophisticated digital tools. According to a recent survey, half of the
Radical novelties in critical technologies and spillovers: how do China, the US and the EU fare?
Critical technologies including artificial intelligence, semiconductors and quantum computing are attracting attention because of their indispensable nature and their role in national security strategies. We
The local effects of artificial intelligence labour investments: Evidence from the municipal bond market
The long-term effects of artificial intelligence are still unknown, as productivity benefits may be compromised by unintended costs. This column assesses the local effects of
