2min chapter

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

ChinaTalk

CHAPTER

The Importance of General-Purpose Technologies

General-purpose technologies have been deemed by economic historians as engines of growth. They are fundamental advances that have the potential to transform broad swaths of the economy. But they only make an impact if there's a lot of complementary technologies across many different sectors that adapt in turn.

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