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来源类型Working Paper
规范类型报告
DOI10.3386/w21547
来源IDWorking Paper 21547
Are We Approaching an Economic Singularity? Information Technology and the Future of Economic Growth
William D. Nordhaus
发表日期2015-09-14
出版年2015
语种英语
摘要What are the prospects for long-run economic growth? The present study looks at a recently launched hypothesis, which I label Singularity. The idea here is that rapid growth in computation and artificial intelligence will cross some boundary or Singularity after which economic growth will accelerate sharply as an ever-accelerating pace of improvements cascade through the economy. The paper develops a growth model that features Singularity and presents several tests of whether we are rapidly approaching Singularity. The key question for Singularity is the substitutability between information and conventional inputs. The tests suggest that the Singularity is not near.
主题Development and Growth ; Innovation and R& ; D ; Growth and Productivity
URLhttps://www.nber.org/papers/w21547
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579222
推荐引用方式
GB/T 7714
William D. Nordhaus. Are We Approaching an Economic Singularity? Information Technology and the Future of Economic Growth. 2015.
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