Siliconcontinent

A consultant I had lunch with recently is redesigning the loyalty program of a large airline. His team finished the analysis in two weeks. Months later the program still does not exist. This is because the purpose of the assignment is not to solve an anal

Luis Garicano and Jesús Saa-RequejoOn June 12, the US used export controls to cut foreign access to Anthropic's newest models, ostensibly in response to reports of jailbreaks and cybersecurity risks. The episode represents the strongest objection posed to

A rendering of what will soon be Europe's largest data center, located in Sines, Portugal.After the events of last weekend, here are some thoughts on where Europe is with AI. This post is coauthored with my colleague Simon Grimm. You can find his Substack

AI, Europe, and Growth.

Economist at HEC Paris

By Philippe Aghion, Antonin Bergeaud, and Luis Garicano (with a postscript responding to Krugman's answer)In a recent series of Substack posts, Paul Krugman made a counterintuitive argument to support the view that Europe is not suffering any productivity

Luis Garicano and Jesús Saa-Requejo1The leading AI labs and their investors are spending hundreds of billions of dollars on one main bet: that whoever holds the most capable model captures the value the technology creates. Almost every decision in Silicon

Editor at Works in Progress, a magazine of new and underrated ideas to improve the world.

Paul Krugman wrote two posts this week arguing that Europe is broadly not falling behind the United States. He argues that the change measured by the Draghi report is mostly due to growth in the technology industry, which has distorted GDP numbers without

Professor of Public Policy @LSE. Research on tech and labour markets, innovation and growth in Europe. Author with Li and Wu of "Messy Jobs: the Work that AI Cannot Reach" (AMZN:https://www.amazon.com/dp/B0H42PP3BC).