Mar 21, 2018

The politics of innovation

Posted by in categories: economics, innovation

Innovation is the latest social, political and economic battleground. Techno-optimists dismiss fears about innovation, typecasting non-believers as Luddites. The impact of recent technological changes, they believe, will be realised over time. Luddites, on the other hand, point to weaknesses in technology.

Policymakers are placing their faith on technological advancements to boost flagging growth. But it is founded more on hope than reality.

By Satyajit Das

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