Equation 11 · Part 5 · Who Builds 2100? The Demographic Engine of Technological Evolution
=
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What this part means
The expressions on both sides represent the same quantity under the stated assumptions.
Its job in the formula
The equals sign connects the complete expression on the left with the complete expression on the right. Both sides must have compatible units.
Full expression→=→Article meaning
The passage around this formula
The named argument belongs to Philippe Aghion, Benjamin F. Jones, and Charles I. Jones, whose 2017 National Bureau of Economic Research paper works out formally what happens when artificial intelligence automates tasks inside the idea-production function itself, rather than only inside the production of ordinary goods. Their result, worked through with an idea-production function in which a fraction of research tasks can be automated, is that in the case without automation their model collapses to exactly the semi-endogenous relation from Section 3 above — the growth rate of ideas proportional to the growth rate of the human research population, discounted by diminishing returns — matching…
Learn the underlying idea
An equals sign says that the expression on its left and the expression on its right have the same value under the stated definitions and assumptions.
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Sources cited in the surrounding passage
These citations provide research context; check each source for the exact claim it supports.