Dossier
J-curve
Coverage of J-curve in the Nexus archive.
- Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data
Goldman Sachs economist Elsie Peng compares AI's current adoption trajectory to the delayed productivity gains of the 1980s computer revolution, noting a 15-year lag before measurable economic impact. She highlights factors like high initial costs, critical mass adoption, and organizational reorganization as key bottlenecks.
- Hong Kong government’s venture fund eyes bigger bankroll after double-digit return
The Hong Kong government's venture fund, managed by Hong Kong Investment Corporation (HKIC), achieved a double-digit internal rate of return in 2024, exceeding many new venture capital funds. CEO Clara Chan Ka-chai noted the fund bypassed the typical J-curve performance, earning HK$2.3 billion, and is now seeking additional funding.