Philippe Aghion was awarded the 2025 economic sciences prize for his work on creative destruction, a process where new innovations build upon, and take over from, previous innovations - creating economic growth. Here, he reflects on the role of creative destruction in the AI era, and what societies need to do to make the most of AI.

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4 November 2026

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Nobel Prize Outreach

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https://www.nobelprize.org/philippe-aghion-on-ai/

This Blog is published under the centre's Growth programme.

This publication comes under the following theme: Innovation drivers