Cited by 4Artificial Intelligence ApplicationsEconomic Growth and ProductivityImpact of AI and Big Data on Business and Society

Artificial Intelligence in Research and Development

Open access
Jones, Benjamin·2025·National Bureau of Economic Research

Abstract

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

  1. Acemoglu, Daron and Pascual Restrepo (2018). "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," American Economic Review, 108 (6), 1488-1542.
  2. Acemoglu, Daron and Pascual Restrepo (2020). "Robots and Jobs: Evidence from US Labor Markets," Journal of Political Economy, vol 128(6), 2188-2244.
  3. Aghion Philippe, Benjamin F. Jones, Charles I. Jones. (2019). "Artificial Intelligence and Economic Growth" in The Economics of Artificial Intelligence, Ajay Agrawal, Joshua Gans, and Avi Goldfarb (eds.), Universiy of Chicago Press.
  4. Ahmadpoor, Mohammad and Benjamin F Jones (2019). Decoding team and individ- ual impact in science and invention. Proceedings of the National Academy of Sciences, 116(28), 13885-13890.
  5. Autor, David, Frank Levy, and Richard J. Murnane (2003). "The Skill Content of Recent Technological Change: An Empirical Exploration," Quarterly Journal of Economics, 118(4), 1297-1333.
  6. Baumol, William (1967). "Macroeconomics of Unbalanced Growth: The Anatomy of Urban Crisis," The American Economic Review, 57(3), 415-426.
  7. 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.
  8. Chen, Q., Yang, M., Qin, L., Liu, J., Yan, Z., Guan, J., ... and Che, W. (2025). "AI4Research: A Survey of Artificial Intelligence for Scientific Research," arXiv preprint arXiv:2507.01903. · arXiv
  9. Jones, Benjamin F. (2009). "The Burden of Knowledge and the Death of the Renais- sance Man: Is innovation Getting Harder?" Review of Economic Studies, 76, 283-317.
  10. Jones, Benjamin F. and Xiaojie Liu (2024). "A Framework for Economic Growth with Capital-Embodied Technical Change," American Economic Review, 114(5), 1448-87.
  11. 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.
  12. Merchant, A., Batzner, S., Schoenholz, S. S., Aykol, M., Cheon, G., and Cubuk, E. D. (2023). "Scaling deep learning for materials discovery," Nature, 624(7990), 80-85.
  13. Segler, M. H., Preuss, M., and Waller, M. P. (2018). "Planning chemical syntheses with deep neural networks and symbolic AI," Nature, 555(7698), 604-610.
  14. Starace, G., Jaffe, O., Sherburn, D., Aung, J., Chan, J. S., Maksin, L., ... and Pat- wardhan, T. (2025). "PaperBench: Evaluating AI's Ability to Replicate AI Research." arXiv preprint arXiv:2504.01848. · arXiv
  15. Zeira, Joseph (1998). "Workers, Machines, and Economic Growth," The Quarterly Journal of Economics, Volume 113, Issue 4, November 1998, Pages 1091-1117
  16. Zhou, Hang-Yu, Yaling Li, Jiaying Li, Jing Meng, and Aiping Wu (2025). "Unleashing the Potential of Artificial Intelligence in Infectious Diseases, National Science Review, 12(3).

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Authors
Jones, B.
Affiliations
Northwestern University (US)
Corresponding author
Jones, Benjamin
Venue
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
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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