Ricerc@Sapienza

This research project focuses on the issue of automation, artificial intelligence (AI) and innovation-led growth. It builds on the recent theoretical and empirical literature on automation, robotics and AI that investigate the dynamic effects of introducing incentive to automation on R&D spending and economic growth. In this vein, the objectives of the research are the following:

1) to determine some stylized facts about the new frontier of digital technologies, robotics, automation and economic growth;

2) to construct a fully-fledged dynamic macro-model explaining data and stylized facts;

3) to use the derived theoretical framework to infer about the interactions between R&D investment, automation investment and growth;

4) to assess the effects in terms of workers attitude to work, international specialization, firm performance, and wage inequality;

5) derive policy guidelines for determining optimal R&D and automation spending.