Artificial Intelligence in Research and Development
Open accessAbstract
How much can AI accelerate progress in different research fields?This paper shows that three features-the share of research tasks AI performs, the productivity of AI at those tasks, and the strength of bottlenecks-are key determinants of AI's implications in any area, from cancer therapeutics to software design.The model maps changes in AI capabilities to research outcomes, quantifies the "marginal returns to intelligence," and shows how AI can shift returns to R&D investment.Concepts like superintelligence, Powerful AI, and Transformative AI are further engaged and disciplined.Finally, the framework sets a measurement agenda linking AI benchmarks to field-specific opportunities for accelerating progress.
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Discovery is constrained by multiple frictions, from data collection and experimental throughput to coordination, implementation, and more, many of which LLM involvement does not directly resolve.
“Discovery is constrained by multiple frictions, from data collection and experimental throughput to coordination, implementation, and more, many of which LLM involvement does not directly resolve.”
From The rise of large language models and the direction and impact of US federal research funding (2026) · cites this paper as [38]
The paper lists data access, analysis, and laboratory procedures as distinct research tasks (Section 2, page unavailable), and says that gains in a narrow set of tasks need not overcome broader R&D bottlenecks (Section 5.3, page unavailable). It does not specifically assess LLM involvement or establish that LLMs leave the listed coordination and implementation frictions unresolved. (LLM, conf=0.83)
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Research works printed but not linked: 16
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- Bloom, Nicholas, Jones, Charles I., Van Reenen, John, and Webb, Michael. (2020). "Are Ideas Getting Harder to Find?" American Economic Review, 110(4), 1104-1144.
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- Jumper, John, Richard Evans, Alexander Pritzel, Tim Green, Michael Figurnov, Olaf Ronneberger, Kathryn Tunyasuvunakool et al. (2021) "Highly accurate protein structure prediction with AlphaFold." Nature, 596(7873), 583-589.
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The rise of large language models and the direction and impact of US federal research funding
Qian, Y., Wen, Z., Furnas, A. C., Bai, Y., Shao, E., & Wang, D. (2026) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.2601439123 · Cited by 5 · see citing works
Automatic corrosion segmentation and classification using image processing and machine learning
Rios, M. P., Ivson, P., & Roehl, D. D. M. (2025) · Journal of Ocean Engineering and Marine Energy · doi:10.1007/s40722-025-00445-2 · Cited by 2 · see citing works
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Lou, B., & Rawley, E. (2026) · MIS Quarterly · doi:10.25300/misq/2026/19132
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Calvino, F., & Fontanelli, L. (2026) · Industrial and Corporate Change · doi:10.1093/icc/dtag043
- Authors
- Jones, B.
- Affiliations
- Northwestern University (US)
- Corresponding author
- Jones, Benjamin
- Venue
- National Bureau of Economic Research
- Publisher
- National Bureau of Economic Research
- Published
- 2025-10
- OpenAlex
- W4414867103
- Cited by
- 4
- References
- 0
- Citations by year
- 2026: 3 · 2025: 1
- Type
- report
- Language
- en
- Open access
- green
- doi.org
- Locations
- National Bureau of Economic Research (publishedVersion)
- SSRN Electronic Journal (acceptedVersion)
- Funders
- National Science Foundation (2404035)
- Topics
- Physical Sciences › Computer Science › Artificial Intelligence › Artificial Intelligence Applications
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
- Social Sciences › Decision Sciences › Management Science and Operations Research › Impact of AI and Big Data on Business and Society
- Keywords
- artificial intelligence, research and development, AI productivity, research bottlenecks, R&D investment returns, superintelligence, AI benchmarks, cancer therapeutics, software design
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