On October 13, 2025, the Nobel Prize in economics was awarded to Joel Mokyr1 – “for having identified the prerequisites for sustained growth through technological progress” – and Philippe Aghion and Peter Howitt – “for the theory of sustained growth through creative destruction”.
The work by Aghion and Howitt is very timely, as it may help explain some of the rise in genAI investment spending.
The work by Aghion and Howitt is very timely, as it may help explain some of the rise in genAI investment spending.