NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Finding Needles in Haystacks: Artificial Intelligence and Recombinant Growth

Ajay Agrawal, John McHale, Alexander Oettl

Chapter in NBER book The Economics of Artificial Intelligence: An Agenda (2019), Ajay Agrawal, Joshua Gans, and Avi Goldfarb, editors (p. 149 - 174)
Conference held September 13-14, 2017
Published in May 2019 by University of Chicago Press
© 2019 by the National Bureau of Economic Research

---- Acknowledgments ----

We thank Kevin Bryan, Joshua Gans, and Chad Jones for thoughtful input. We gratefully acknowledge financial support from Science Foundation Ireland, the Social Sciences Research Council of Canada, the Centre for Innovation and Entrepreneurship at the Rotman School of Management, and the Whitaker Institute for Innovation and Societal Change. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Ajay Agrawal ----

Three of the AI companies mentioned in this paper are graduates of our Creative Destruction Lab program at the University of Toronto: Atomwise, BenchSci, and Deep Genomics. A key member of another company mentioned (Meta), is an Associate at the Creative Destruction Lab.

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