This report examines the impact of technological change, particularly digital technologies, on economies and societies, highlighting the promise of increased economic prosperity and the challenges of rising inequality and policy adaptation.
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Quick Facts | |
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Report location: | source |
Language: | English |
Publisher: | Brookings Institution |
Publication date: | May 1, 2022 |
Authors: | Dani Rodrik, David Autor, Kaushik Basu, Zia Qureshi |
Geographic focus: | United States, Global |
Page count: | 88 |
The research method used in the report includes analyzing data on global economic trends, examining the impact of technological advancements on labor markets and inequality, and reviewing policy responses to manage the implications of digital transformation.
(Generated with the help of GPT-4)
Technological advancements, led by digital technologies and artificial intelligence, are transforming economies and societies, creating new opportunities for economic prosperity but also posing challenges such as rising inequality, job displacement, and social discontent. The COVID-19 pandemic has accelerated these changes, revealing vulnerabilities in global supply chains and labor markets, and highlighting the need for new policies and a deeper understanding of structural economic shifts.
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Categories: 2022 publication year | English publication language | Global geographic scope | covid-19 pandemic | digital transformation | economic prosperity | economics | global supply chains | globalization | inequality | labor markets | larbor markets | policy | policy adaptation | social discontent | structural shifts | technological change | technology | united states geographic scope