Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
Is the recent slowdown in productivity likely to persist into the foreseeable future? Amazon.com data are used to create updated indicators of technical change and to establish the relationship between them and productivity growth. They reveal a slowdown in innovative activity in the early 2000s but register a recent uptick linked to innovations in robotics, AI, and cloud-computing. Estimates suggest that if these trends were to continue, large productivity gains are likely to be achieved in the near future.