Overall, public R&D has a rate of return of 140-210%, they concluded. Crucially, this is a much higher estimate than the 30-70% rates of return economists calculate for private R&D, said Fieldhouse.

The era of autonomous warfare will not announce itself with robotic armies marching across battlefields. Instead, it is already emerging, quietly and inexorably, in the skies and fields of eastern ...

In the era of A.I. agents, many Silicon Valley programmers are now barely programming. Instead, what they’re doing is deeply, ...