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Digital innovation
vs. secular stagnation?
Introduction
Future Digital Economy Forum
19 November 2015
Yves GASSOT
CEO, IDATE
Digital innovation vs. Secular stagnation?
« Is Digital Innovation able to sustain a
growth cycle similar to the role that the
steam engine or the electric motor had
on labour productivity growth? »
Techno-pessimists
Vs.
Techno-optimists
• Growth is a modern concept
• Falling productivity gains
• No radical breakthrough
(beyond the smartphone)
• The software diminishes
the world/employment
Techno-pessimists
(Robert J. Gordon)
Digital innovation vs. Secular stagnation?
Techno-optimists
(McAfee, Brynjolfsson,
Mokyr, Aghion)
• Limitation of statistic
• Latency
• Lack of accompanying measures
(education & training, structural
reforms…)
• The Internet accelerates access to
innovation
• They see new Game Changers…
Digital innovation vs. Secular stagnation?
Focus:
New ‘Game Changers’?
• Debate on Moore’s Law
• Artificial intelligence (IA): Watson…
• Robotics
• Cloud
• 3D printing
• Blockchains…
Digital innovation vs. Secular stagnation?
Digital innovation vs. Secular stagnation?
1. James ALLEMANN, CITI
2. Yves GASSOT, IDATE
4. Round-Table
Stéphane CIRIANI, Orange
Georg GRAETZ, LES
Dirk PILAT, OECD
3. More on the Moore’s Law
Éric LALARDIE, ARM
Laurent MALIER, STM
Agenda

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DWS15 - Future Digital Economy Forum - Introduction - Yves Gassot - IDATE

  • 1. Digital innovation vs. secular stagnation? Introduction Future Digital Economy Forum 19 November 2015 Yves GASSOT CEO, IDATE
  • 2. Digital innovation vs. Secular stagnation? « Is Digital Innovation able to sustain a growth cycle similar to the role that the steam engine or the electric motor had on labour productivity growth? » Techno-pessimists Vs. Techno-optimists
  • 3. • Growth is a modern concept • Falling productivity gains • No radical breakthrough (beyond the smartphone) • The software diminishes the world/employment Techno-pessimists (Robert J. Gordon) Digital innovation vs. Secular stagnation?
  • 4. Techno-optimists (McAfee, Brynjolfsson, Mokyr, Aghion) • Limitation of statistic • Latency • Lack of accompanying measures (education & training, structural reforms…) • The Internet accelerates access to innovation • They see new Game Changers… Digital innovation vs. Secular stagnation?
  • 5. Focus: New ‘Game Changers’? • Debate on Moore’s Law • Artificial intelligence (IA): Watson… • Robotics • Cloud • 3D printing • Blockchains… Digital innovation vs. Secular stagnation?
  • 6. Digital innovation vs. Secular stagnation? 1. James ALLEMANN, CITI 2. Yves GASSOT, IDATE 4. Round-Table Stéphane CIRIANI, Orange Georg GRAETZ, LES Dirk PILAT, OECD 3. More on the Moore’s Law Éric LALARDIE, ARM Laurent MALIER, STM Agenda