CAMBRIDGE — Artificial intelligence is moving fast. People are using generative AI and large language models (LLMs) to build new services and perform existing tasks, and the underlying technology itself is advancing quickly.

CAMBRIDGE — This year marks the 300th anniversary of the birth of Adam Smith, the founding father of modern economics. It comes at a time when the global economy faces several daunting challenges. Inflation rates are the highest since the late 1970s.

CAMBRIDGE — Ever since OpenAI released its ChatGPT chatbot last year, a growing number of analysts have been predicting that generative artificial intelligence will displace millions of workers and cause widespread economic upheaval.

CAMBRIDGE — ChatGPT, the new artificial-intelligence chatbot developed by the San Francisco-based research laboratory OpenAI, has taken the world by storm.

CAMBRIDGE  —  The world’s advanced economies are in the midst of dual structural transformations that will change every aspect of our lives, from how we work and do business to how we regulate markets.The most notable of these transformations is digitalisation, which ha

CAMBRIDGE — What is the government’s proper role in an advanced market economy? That is the fundamental question at the heart of the economic debacle in the United Kingdom.

CAMBRIDGE  —  Until this year, inflation in advanced economies like the United States and the United Kingdom had been so low for so long that one needed to be well into middle age to remember what living through the price surges of the late 1970s was like. It was bad.

CAMBRIDGE  —  Ask any economist whether competition is always a good thing, and the answer will be a resounding yes.

CAMBRIDGE  —  Starting in the 1980s, transnational production enabled the expansion of global trade and low prices for goods, contributing significantly to economic growth.