Eric Frey has written a commentary worth reading on Austrian industry: https://www.derstandard.at/story/3000000326948/was-oesterreichs-industrie-
Eric Frey has written a commentary on Austrian industry, suggesting that current hype cycles, such as those surrounding AI, are often overestimated. He posits that iterative innovation and the widespread diffusion of technology are generally underestimated in their importance. AI
IMPACT Suggests that the perceived impact of AI may be overestimated compared to the steady progress of iterative innovation.