Transcription of The Impact of Artificial Intelligence on Innovation
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The Impact of Artificial Intelligence on Innovation
NBER WORKING PAPER SERIESTHE Impact OF Artificial Intelligence ON INNOVATIONIain M. CockburnRebecca HendersonScott SternWorking Paper 24449 BUREAU OF ECONOMIC RESEARCH1050 Massachusetts AvenueCambridge, MA 02138 March 2018 The authors would like to thank the organizers and participants at the first NBER conference on the Economics of Artificial Intelligence , and in particular our discussant Matthew Mitchell for many helpful suggestions and ideas. Michael Kearney provided extraordinary research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic research . Funding for this paper was provided by the MIT Sloan School of Management, by the HBS Division of research and by the Questrom School of least one co-author has disclosed a financial relationship of potential relevance for this research .
artificial intelligence, broadly defined, and divides these outputs into those associated with robotics, symbolic systems, and deep learning. Though preliminary in nature (and inherently imperfect given that key elements of research activity in artificial intelligence may not be
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