Nearly 200 researchers warn AI is changing the economy at record speed
A change in our economy more revolutionary than the Industrial Revolution. This is how a number of researchers describe the development of AI.
TechnologyTop news
Creative Destruction Theory Wins Economics Prize for Sustained Growth
How is it that we have had two hundred years of sustained economic growth? This is something that Joel Mokyr and Philippe Aghion and Peter Howitt have answered in different ways in their research, for which they are now receiving the Economics Prize. It is about, among other things, "creative destruction".
Business
Economist Warns US Tariffs Echo 1930s Trade War Risks
The latest days' escalation towards a trade war, following the US's announcement of aggressive trade tariffs, resembles what happened during the Great Depression of the 1930s. It is an exact parallel to the first years of the Great Depression, says Simon Johnson, recipient of the economics prize in memory of Alfred Nobel, in SVT.
Business
This year's winners have received their medals
Now this year's Nobel laureates have received their medals and been hailed with song and speech. But the prize ceremony is held against a backdrop of a world in turmoil. The laureates have paved the way. Science, literature, and peace offer different paths to tackle today's problems, says the Nobel Foundation's chairperson Astrid Söderbergh Widding in her introductory speech.
SwedenTop news
Trio shares economy prize: "A real shock"
A trio is awarded this year's economics prize in memory of Alfred Nobel. Daron Acemoglu, Simon Johnson, and James A Robinson have asked themselves why some countries are poor and others rich. The answer they have found in the Europeans' colonization.
Business