In recent years, an idea has spread throughout the world that economies are poised on the cusp of a major technological revolution, unlike anything in the past, that will lead to unprecedented job destruction, high rates of unemployment and massive increases in inequality. This chapter examines...

For America to remain the global leader in IT, the U.S. government must formulate a grand strategy grounded in a new doctrine of “digital realpolitik.” The first priority should be advancing U.S. interests by spreading the U.S. digital innovation policy system and constraining digital...

There have been surprisingly few attempts to catalogue what is known about the economic impact of information and communications technology (IT). In a new report, ITIF does just that, examining the impact of IT in five key areas: 1) productivity; 2) employment; 3) more efficient markets; 4)...

Most commentary on Europe's economy focuses on its precarious financial system and anemic employment recovery since the Great Recession. But Europe faces a challenge of equal or even greater magnitude that has received far less attention: lagging productivity. After a long period during which...

The debate about the future of the Internet is more politically charged than ever. Internet policy issues are becoming more central. All groups involved in Internet policy share a goal of a robust Internet ecosystem but have sometimes vastly different definitions of robust and different views on...