On the Impact of Artificial Intelligence on Economy
Journal Title: Science Insights - Year 2022, Vol 41, Issue 1
Abstract
Rapid advancements in artificial intelligence (AI) will have a dramatic impact on the global economy. This paper provides a systematic review of the economic impact of AI, focusing on the promotion of AI on productivity and economic growth; the impact of AI on labor employment; and the question of whether AI will increase income inequality. On this basis, a summary of how to implement public policies to reduce the potential negative impacts of AI on the employment structure and income inequality is provided. Finally, a summary and prospective research directions are provided.
Authors and Affiliations
Wein K. Solos, Joel Leonard
Keywords
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- EP ID EP712281
- DOI https://doi.org/10.15354/si.22.re066
- Views 66
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