ON THE PROMISES AND PERILS OF SMITHIAN GROWTH: FROM PIN FACTORY TO AI

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2023-11-21 DOI:10.1017/nie.2023.28

Marcus Miller

引用次数: 0

Abstract

For path-breaking insights on how prices can guide the efficient allocation of resources and how innovation and investment can spur economic growth, Adam Smith is justly renowned. He was, however, well aware of problems posed by market dominance—specifically in banking and, more generally, wherever getting to the scale that delivers increasing returns leads to monopolistic behaviour. For the historical record, we draw on the recent wide-ranging survey by Acemoglu and Johnson on how the benefits of innovation have been spread across society since the Industrial Revolution. We also consider these issues in the context of geo-political competition.

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史密斯成长的希望与危险:从针厂到人工智能

对于价格如何引导资源的有效配置，以及创新和投资如何刺激经济增长，亚当•斯密有着开创性的见解，他理应享有盛名。然而，他清楚地意识到市场支配所带来的问题——特别是在银行业，更广泛地说，无论在什么地方，达到一定的规模都会带来越来越多的回报，从而导致垄断行为。为了历史记录，我们引用了阿西莫格鲁和约翰逊最近进行的一项广泛的调查，该调查是关于自工业革命以来创新的好处是如何在整个社会中传播的。我们也在地缘政治竞争的背景下考虑这些问题。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.