The personal account of Roy Green, former Dean of UTS Business School & enthusiast for all things innovation, technology & social change

Sydney
Joined October 2009
Very valuable! "Understanding Productivity," edited by Roy Green and Phillip Toner. amzn.to/4zd7FyQ "A central concern of economists, policymakers and civil society in recent years has been the persistent and widespread slowdown in global productivity growth. This stands in stark contrast to the robust productivity performance and associated prosperity witnessed across advanced economies in previous decades. The productivity slowdown represents a significant concern because it underpins the tensions emerging from income and wealth inequality, an expanded corporate profit share and geopolitical friction as established and emerging economic powers vie for global market supremacy. History offers numerous examples of technological advancement coinciding with heightened economic uncertainty and political discontent, yet these were also predominantly periods of accelerated productivity growth. This volume delivers a guide to the contested terrain through a diversity of perspectives spanning mainstream economic analysis to institutional and political economy frameworks. It encompasses topics ranging from the definition and measurement of productivity to the function of research and innovation, financialization and business dynamism, management quality and workplace relations and the existential implications and opportunities presented by climate change. Understanding Productivity targets policymakers, students across multiple disciplines and readers eager to examine the productivity "black box," to participate in an informed exploration of theory and evidence-based perspectives and to formulate their own conclusions about this critically important dimension of contemporary economic discourse and debate." Bart van Ark: "This volume provides a timely and authoritative guide to the complex debates surrounding the global productivity slowdown. Bringing together leading international experts, it explains why productivity matters for living standards and economic policy and offers readers an accessible overview of the key concepts, measurement challenges and competing interpretations shaping today’s productivity discourse and the future outlook." amzn.to/4zd7FyQ
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Productivity has slowed to a crawl over the past two decades, taking wage growth with it. Join us for a free livestream on Wednesday, where @ProfRoyGreen will discuss the productivity challenge, and what we can do about it: royalsoc.org.au/events/joint…
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Trade in advanced manufacturing grew rapidly in 2025, showing that longer-term economic forces are shaping trade—even amid tariffs and disruption. Here’s what business leaders should know about today’s trade landscape: mck.co/GeopoliticsTrade2026
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Replying to @MazzucatoM
@MazzucatoM's new book provides a new compass for navigating in these troubled times
The 'public good' in economics has been framed as correcting for what the private sector doesn't do. But you cannot do good without a new theory of what good actually is. Presenting my next book, The Common Good Economy at @HowToAcademy—a practical 'common good compass' to navigate our economies in a radically different direction. How do we value each other? Set up innovative collaborations? Share knowledge, risks and rewards? The how matters as much as the what. 2 June | 19:00 | St Martin-in-the-Fields | Ticket link below
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Since my op-ed in the @FT was published on Monday (ft.com/content/4b51d0b4-bbfe…), there’s been a growing debate about whether we’re beginning to see evidence that AI is boosting productivity. First, let me be clear that the aggregate productivity data by itself is far from definitive. Even with the new revisions, there is certainly a lot of noise in US productivity numbers. No doubt lots of other factors are at work. That said, my growing confidence that AI is powering higher productivity draws on evidence from a variety of sources: 1. The stunning capabilities of AI. If anything, I think the past decade of impressive improvements in machine learning and generative AI are still underrated. We are in the early stages of a massive economic transformation: digitaleconomy.stanford.edu/… 2. A growing number of micro studies document double-digit productivity gains in specific applications. @alexolegimas has a great catalog in his blog post: aleximas.substack.com/p/what… 3. My discussions with power users who use AI for coding, customer service, research and other applications, as well as more and more business executives, convince me that the facts on the ground are (finally) changing. 4. Data from our Canaries in the Coal Mine paper show employment changes in occupations most affected by AI: digitaleconomy.stanford.edu/… 5. And now, inklings in the aggregate productivity data are also telling the same story. These are all consistent with the hypothesis that AI is beginning to have a positive impact on productivity. The FT put a more definitive headline on my recent piece than I would have liked, but my bet (longbets.org/868/) is that we're likely to see more and more evidence as time goes on, barring some other shocks (e.g. macro mismanagement, trade wars, etc). As each quarter goes by and we see more data, I continue to update my views. No doubt, I'm currently out of sync with a lot of mainstream economists on this topic, but that’s ok by me.
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Roy Green retweeted
News briefs from ARM Hub & Industry - mailchi.mp/armhub/news-at-ar…
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Roy Green retweeted
The AI race should be viewed more as a marathon, not a sprint to the most powerful models. And on that basis, I think China will win, writes the FT's economics leader writer Tej Parikh. ft.trib.al/lMtwC0X
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China now generates 40% more electricity than the US and EU combined.
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Roy Green retweeted
yung macro 宏观年少传奇
@apralkyJan 2
Paul Krugman on the narrative of Europe's economic decline relative to the United States
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Challenging comfortable assumptions about modern economies, Roy Green also recommends a compelling work on manufacturing and value creation. His pick is Your Life is Manufactured: How We Make Things, Why It Matters and How We Can Do It Better. #IASummerReads
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As the Summer Reading List 2025 continues, we’re featuring a bold and forward-looking recommendation from Professor Roy Green, Special Innovation Advisor at the University of Technology Sydney. Roy highlights Handbook of Innovation Ecosystems. #IASummerReads
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Looking ahead to the summer break, Roy Green is preparing to immerse himself in a sweeping history of capitalism. On his list is Capitalism: A Global History, a monumental work tracing the origins and global spread of capitalist systems. #IASummerReads
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