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Forbes contributors publish independent expert analyses and insights. Co-founder of Lightspark and also the MIT Cryptoeconomics Lab. Crypto is a general-purpose technology (GPT) like the steam ...
GPT officially may stand for “Generative Pre-trained Transformer,” but McDonagh-Smith urges the less-techy meaning for the acronym: “General Purpose Technology.” ...
It’s a special thing when economists label some new technology as a “general purpose technology.” In the seminal 1992 paper on GPTs, “General purpose technologies ‘Engines of growth ...
Many people point to information and communications technology (ICT) as the key for understanding the acceleration in productivity in the United States since the mid-1990s. Stories of ICT as a ...