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UID:344@lincs.fr
DTSTART;TZID=Europe/Paris:20171025T140000
DTEND;TZID=Europe/Paris:20171025T150000
DTSTAMP:20171025T200304Z
URL:https://www.lincs.fr/events/will-productivity-growth-return-in-the-new
 -digital-era/
SUMMARY:Will productivity growth return in the new digital era?
DESCRIPTION:It is increasingly acknowledged that we are on the verge of the
 next technological and industrial revolution\, driven by the digitization
 and interconnection of physical elements and infrastructure under the
 control of advanced intelligent systems. Therefore\, there will be a new
 era of automation that should result in enhanced productivity. However\,
 such productivity enhancements have been anticipated before\, e.g\, the
 revolution commonly known as the ‘information age’\, and have
 failed to materialize. Were the productivity increases observed following
 the earlier industrial revolutions a one-time aberration that will not be
 repeated in the new digital age? In this paper\, we attempt to address this
 question by a quantitative analysis of the prior productivity jumps and
 their physical technological origins\, and extend this analysis to the
 latent set of analogous digital technologies. This approach leverages a
 correlation we observe between the diffusion of key infrastructure
 technologies and productivity jumps.  We use data from 1875 to 1985 from
 the US and data from 1950 to 2015 in China and India to demonstrate this
 non-linear correlation.  Amongst the predictions of the model\, we see a
 possible productivity jump in the United States in the 2030s timeframe when
 the aggregate of the constituent digital technologies passes the tipping
 point of 50-60 percent penetration.\nJoint work with Marcus Weldon\, Sanjay
 Kamat\, Subra Prakash
CATEGORIES:Seminars,Youtube
LOCATION:LINCS Seminars room\, 23\, avenue d'Italie\, Paris\, 75013\,
 France
GEO:48.828400;2.356897
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=23\, avenue d'Italie\,
 Paris\, 75013\, France;X-APPLE-RADIUS=100;X-TITLE=LINCS Seminars
 room:geo:48.828400,2.356897
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TZID:Europe/Paris
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DTSTART:20170326T030000
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TZOFFSETTO:+0200
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