CAMBRIDGE – After decades on the fringes of economic debate, industrial policy has enjoyed a resurgence in recent years, with the United States, the European Union and China all ramping up their efforts to promote strategic sectors.

 CAMBRIDGE — As global economic growth slows, many hope technological innovation is a potential solution. The International Monetary Fund’s latest World Economic Outlook, for example, highlighted the potential of artificial intelligence to boost productivity and GDP.

CAMBRIDGE — One of the defining economic challenges of our time is how to distribute the value generated by groundbreaking technologies, such as generative artificial intelligence and recent innovations in biomedicine and manufacturing, which rely on massive computing power.

CAMBRIDGE — As Western democracies become increasingly polarised, rural and small-town voters are regularly pitted against their counterparts in larger urban centres.

CAMBRIDGE — The handmaiden to populism’s rise across the West has been distrust of experts, particularly those in positions of power who believe their specialised knowledge entitles them to make decisions that affect millions of people.

CAMBRIDGE — Artificial intelligence is moving fast. People are using generative AI and large language models (LLMs) to build new services and perform existing tasks, and the underlying technology itself is advancing quickly.

CAMBRIDGE — This year marks the 300th anniversary of the birth of Adam Smith, the founding father of modern economics. It comes at a time when the global economy faces several daunting challenges. Inflation rates are the highest since the late 1970s.

CAMBRIDGE — Ever since OpenAI released its ChatGPT chatbot last year, a growing number of analysts have been predicting that generative artificial intelligence will displace millions of workers and cause widespread economic upheaval.

CAMBRIDGE — ChatGPT, the new artificial-intelligence chatbot developed by the San Francisco-based research laboratory OpenAI, has taken the world by storm.