Addressing technological change is imperative from "summary" of The Industrial Policy Revolution II by J. Esteban,J. Stiglitz,Justin Lin Yifu
Technological change is a constant force that shapes our world, affecting all aspects of our lives. From the way we work and communicate to the products we use and the services we rely on, technology plays a crucial role in driving progress and development. As such, it is essential for policymakers to recognize the importance of addressing technological change in order to effectively navigate the challenges and opportunities it presents. In today's rapidly evolving global economy, the ability to adapt to technological change is more important than ever. Industries are being disrupted, new business models are emerging, and traditional methods of production and distribution are being transformed. Without a proactive approach to addressing technological change, countries risk falling behind and missing out on the potential benefits that innovation can bring. One of the key reasons w...
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