It will determine how quickly the age of AI will dawn for computer users everywhere—and who will dominate it
. In 2017 Ashish Arora, an economist, and colleagues examined the period from 1980 to 2006 and found that firms had moved away from basic science towards developing existing ideas. The reason, Mr Arora and his co-authors argued, was the rising cost of research and the increasing difficulty of capturing its fruits. Xerox developed the icons and windows now familiar to-users but it was Apple and Microsoft that made most of the money from it.
Amazon, whosepowers its Alexa voice assistant, and Meta, which made waves recently when one of its models beat human players at “Diplomacy”, a strategy board game, respectively produce two-thirds and four-fifths as muchresearch as Stanford University, a bastion of computer-science eggheads.
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