An inclusive future? Technological change and public policy

Transformative new technologies are reshaping markets, business models, and the nature of work. But as they create new opportunities, they also pose new challenges, not least of which is rising economic inequality. Rising inequality has been stoking societal discontent and political ferment.

In what ways are the new technologies altering growth, employment, and distributional dynamics? How are they affecting inequality within economies and prospects for economic convergence between economies? How can the promise of today’s technological transformation be harnessed to promote more inclusive growth and development? Can an inclusive future be envisioned in the digital era? What are the implications for public policy? What new thinking and adaptations are needed to realign institutions and policies with the digital economy, at national and global levels—and to shape technological change itself?

A recently published report, “An Inclusive Future? Technology, New Dynamics, and Policy Challenges,” addresses these questions. This report is part of ongoing research under the Brookings Global Forum on Democracy and Technology that seeks to promote ideas and policies to manage technological change to build inclusive prosperity and strengthen democratic societies.

On June 14, the Global Economy and Development program at Brookings hostted an online event on the issues addressed in the report. Author presentations were followed by a discussion.

Viewers submitted questions via email to [email protected] or via Twitter using #InclusiveFuture.