1:We have seen and discussed this statement “Ever since Ricardo’s famous remarks – contionus competition between human and machine- in 1821, economists have recognized the two-edged nature of technical change: it both destroys old jobs and creates new ones” in the lecture of “the information society and employment”. Please read the short article titled “Don’t fear AI. It will lead to long-term job growth.” from this link: https://www.weforum.org/agenda/2020/10/dont-fear-ai-it-will-lead-to-long-termjob-growth/. Summarize and discuss the article according to statement above.
2:Please read the short article titled “How globalization is changing innovation” from this link: https://www.weforum.org/agenda/2018/08/globalisation-has-the-potential-tonurture-innovation-heres-how/. Summarize and discuss the article according to mechanisms of diffusion of technology and innovative ideas from the lecture of “Trade and Innovation”.
Note: the answers shouldn’t be too much long and not too much short.