Mind Matters Natural and Artificial Intelligence News and Analysis

TagProductivity

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Why We Need to Stop Relying On Patents to Measure Innovation

The key to a nation's long-run economic growth is the effect of innovation on productivity, and has little to do with patent activity

Patent databases may be a smoke screen that hides the true issues, problems, and dynamics of innovation behind the illusion that innovation is booming—and that patent activity measures the boom.  We are said to live in a time of remarkable innovation, with the computer/information revolution often compared to the Industrial Revolution in allowing people to produce more while working less. Economists, consultants, and other business gurus are striving mightily to quantify this revolution and to understand its sources and implications. One popular metric is the number of new patents issued each year. For example, the pace of innovation might be gauged by the fact that there were 669,434 US patent applications and 390,499 new patents awarded in 2019, each triple the…

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DingTalk: Where the “Teacher” Really Is Always Watching You

The COVID-19 quarantine has spiked both virtual workplaces and classrooms in China, highlighting anger at the surveillance

Every human being, whether office worker or high school student, bucks against digital harnesses.

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Is Moore’s Law Over?

Rapid increase in computing power may become a thing of the past

If Moore’s Law fails, AI may settle in as a part of our lives like the automobile but it will not really be the Ruler of All except for those who choose that lifestyle. Even so, a belief that we will, for example, merge with computers by 2045 (the Singularity) is perhaps immune to the march of mere events. Entire arts and entertainment industries depend on the expression of such beliefs.

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