Economics2 articles

Economics

Articles

Oxford Economics: US Corporate High-Tech Spending to Rise 40% by 2027, Tripling Europe's Pace
A new macroeconomic forecast from Oxford Economics, reported by the Financial Times, projects that United States corporate capital expenditure on equipment, computing facilities, and structures will surge 40% between 2021 and 2027. This expansion rate is more than three times faster than equivalent capital investment across European economies over the same six-year window, driven primarily by private and hyperscaler investments in artificial intelligence infrastructure. The divergence underscor
August 24, 20261 min
Study: Why Labor-Saving LLMs Incline Scientists to Do More Work Less Well
A theoretical study published by researchers from Princeton University, the University of Washington, and collaborating institutions models how large language models alter researchers' time allocation across projects. The authors find that by reducing time friction across different stages of the research lifecycle, AI assistants increase the opportunity cost of researcher time, creating economic incentives to publish a higher volume of less thoroughly refined papers. The paper, titled The unint
August 23, 20261 min