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Jeff Ding on US vs China AI and Lessons from Past Industrial Revolutions

ChinaTalk

CHAPTER

Fundability and Economic Growth Dynamics

This chapter explores the interplay between fundability and sustained economic growth, focusing on productivity as a key driver, especially in China's economic evolution. It examines the role of General Purpose Technologies in enhancing national competitiveness and critiques short-term policy approaches in favor of long-term innovation strategies. Drawing from historical industrial revolutions, the discussion highlights the importance of collective technical skills and the ecosystem needed to maximize technological impacts.

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