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S3 Ep4: Artificial Intelligence and the next Industrial Revolution with Professor Nicholas Crafts

The We Society

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The Industrial Revolution and the Future of Research

The second industrial revolution is about the beginnings of a really important role for the industrial R&D laboratory. Now you need to have people educated as scientists and technologists. That's where we start falling behind the Americans and the Germans. The third industrial revolution arguably is the ICT one. And ICT starts to deliver new ways of doing research amongst other things. AI is another potential system of invention. One of my economic historian colleagues said among other things, AI might be the best researcher system the world has ever had.

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