Artificial Intelligence, Scientific Discovery, and Product Innovation
This paper studies the impact of artificial intelligence on innovation, exploiting the randomized introduction of a new materials discovery technology to 1,018 scientists in the R&D lab of a large U.S. firm. AI-assisted researchers discover 44% more materials, resulting in a 39% increase in patent filings and a 17% rise in downstream product innovation. … Top scientists leverage their domain knowledge to prioritize promising AI suggestions, while others waste significant resources testing false positives.