Artificial Intelligence in Science: Returns, Reallocation, and Reorganization

How does AI reshape the knowledge production? Studying the full sample research proposals submitted to a major funding agency, we document a reallocation of resources from operations toward human capital. We also find AI-enabled projects are associated with modest improvements in scientific outcomes, involve larger teams, and undertake a broader set of tasks.

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Search Benefits of General Resources: Recombination Premiums of AI

This work articulates how general-purpose technologies influence firms' search for innovative solutions, and subsequently produce payoffs.

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Once Peripheral, Now General: The Pervasion of Digital Technology

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