Prompt Adaptation as a Dynamic Complement in Generative AI Systems
As generative-AI models become more powerful, organizations will only realize a portion of that improvement unless users learn to adjust how they interact with the models — prompt-adaptation becomes a critical skill for unlocking full value.
To capture the full benefits of new AI technologies, companies should invest not only in the latest models and infrastructure, but also in user training and workflow design — enabling teams to use the new technologies effectively.
First-Party Content Production in a Competitive Media Market
Streaming platforms are pouring money into original content, but whether it pays off depends on two things: how much their content already overlaps with competitors and how flexible their pricing is. When prices are fixed (e.g., standard subscription tiers), platforms are more likely to invest in originals—especially if competitors offer similar libraries—because originals help differentiate. But when platforms can easily adjust prices, heavy content overlap actually reduces the incentive to invest in originals, since pricing can be used instead to compete.
If We Build It, We Will Come: Strategies for Developing Academic Institutions and the Evolution of Career Choices by Top Talent During Japan’s Industrialization
Modern day economies rely on academia—with its focus on generating new knowledge and training future work forces—as a critical complement to industry in contributing to endogenous growth. How well academia performs this role, however, depends on its ability to recruit and retain talented faculty who have lucrative alternative options in industry; moreover, such allocation of talent in academia vs. industry is conditioned by path-dependencies in the evolution of these sectors.