These principles govern the accumulation of knowledge from experience, the diffusion of knowledge across social, geographic, and cognitive barriers, and the connection between the geography of knowledge and macroeconomic outcomes, such as income, economic growth, and income inequality. Hidalgo will then use these principles to discuss optimal industrial diversification strategies, micro-mechanisms governing knowledge diffusion, and the application of these principles to industrial policy.
To finalise, he will present applied work on the creation of national data integration, distribution, and visualization systems (e.g. datausa.io, datachile.io). Hidalgo will show how these technologies are changing the way governments distribute data and paving the way for a world in which government executive action is augmented by artificial intelligence.