New technologies are poised to automate everything from infrastructure to traditionally human jobs. Some may fear a coming robot takeover, but as Daniel Castro writes for Government Technology, the real problem is that automation isn't happening fast enough.
July 25, 2019
As Rob Atkinson writes in National Review, increasing productivity cuts costs, which are passed on to consumers and workers through lower prices and higher wages.
July 22, 2019
If the history of automation teaches us anything, it is that while automation can temporarily displace some workers it also raises living standards for society by reducing costs, improving quality, and allowing people to concentrate on higher-value work.
May 13, 2019
Fact of the Week: Young U.K. Firms That Adopt Cloud Computing Services Experience 13 Percent Higher Job Growth Than Comparable Firms Without Access to Cloud Services
By providing remote access to data storage, processing, and software, cloud computing lets firms easily scale their computing needs and avoid the large fixed costs of IT infrastructure, which allows small firms to operate and expand more efficiently. New research into cloud adoption by firms in the United Kingdom supports this reasoning.
April 29, 2019
Fact of the Week: Spanish Manufacturing Firms Increased Their Overall Employment by 10 Percent After Adopting Robots
While it may be tempting to focus on the direct job losses caused by robot adoption, it is wrong to conclude that automation constitutes a generalized threat to workers, either in manufacturing or in the broader economy. By choosing to automate, firms can increase their productivity, which allows them to expand and increase their employment.
April 8, 2019
Fact of the Week: Increasing Applied Research Contracts With a Public Research Organization by 1 Percent Raised Firms' Sales by 18 Percent and Productivity by 12 Percent
The Fraunhofer Gesellschaft (FhG), a German nonprofit organization that conducts applied research, started about 6,500 projects per year with private firms between 1997 and 2014, and new research shows the firms reap substantial benefits from the collaboration.
April 8, 2019
Given that the economy has been in an unprecedented productivity growth slump—and the baby boom retirement wave is rising—taxing automation equipment ranks as a singularly bad policy idea.
March 26, 2019
Promoting European Growth, Productivity, and Competitiveness by Taking Advantage of the Next Digital Technology Wave
The EU has an opportunity to make major strides in the next wave of digital transformation. But it will need to adopt a forward-looking policy perspective that focuses on the benefits of connectivity, automation, and smart systems for Europe’s economy and society.
March 22, 2019
ITIF and an expert panel discussed the consequences of various reforms to the U.S. Postal Service.
March 18, 2019
Fact of the Week: Immigrant-Owned High-Tech Firms Outperform Native-Owned Firms Across 15 of 16 Measures of Innovation
Proponents of increased high-skilled immigration routinely cite research that measures the size and growth of firms created by immigrant entrepreneurs. A new study goes farther, examining the performance of immigrant-owned high-tech firms across 16 metrics of innovation, from the production of publishable findings to patent applications.
March 4, 2019
Between 1993 and 2003, Canada’s labor productivity grew at an average rate of 1.6 percent annually. The following decade, average labor productivity growth fell by more than a third to 1.0 percent, with comparable slowdowns occurring in most OECD countries, dampening economic growth globally. A new study examined the influence of ICT use and production on Canada’s labor productivity growth from 1993 to 2014, finding significant declines in ICT investment and ICT-driven growth.