“…General purpose technologies (GPTs), such as steam, electricity, and information and communication technologies (IT and ICT), have been important drivers of technological progress (Bresnahan & Trajtenberg, 1995;Lipsey et al, 2005;Bresnahan, 2010;Bekar et al, 2018, Heikkilä & Wikström, 2021. In prior literature, IT and ICT have been considered GPTs (Basu & Fernald, 2007;Jovanovic & Rousseau, 2005;Kim et al, 2021;Liao et al, 2016;Vu et al, 2020), and currently, during the 4th Industrial Revolution, artificial intelligence (AI) has been considered the next big GPT (Brynjolfsson et al, 2021;Trajtenberg 2018;Vannuccini & Prytkova 2021).…”