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

Related Articles

Sappho – A Great Poetess of Ancient Greece

BACKGROUND Sappho is an Ancient Greek poetess, whose poetry is well known in western literature and greatly impacts the development of Greek poetry. In the ancient world she was considered to be an equal footing with Hom...

Cognitive Dysfunction in Hypothyroidism

Cognitive function and hypothyroidism are strongly associated, and age-related differences in performance are significant. The association between hypothyroidism and cognitive impairment in adult patients is still debata...

On the Keratoconjunctivitis Sicca

Keratoconjunctivitis sicca, also known as dry eye disease, is an inflammatory condition of the ocular surface caused by a pathologic reduction in the aqueous component of the tear film. Keratoconjunctivitis sicca usually...

Granulocyte Therapy for Cancer

GRANULOCYTE THERAPY FOR CANCER is the first book ever published dealing with the origin and development of the Granulocyte Therapy for Cancer. Dr. Zheng Cui has been regarded as “the father of cancer resistance super-mic...

Unending Greed: The Real Drive of Human Warfare

There must be rivalry if there is life. Humans prioritize animal slaughter, followed by inter- and intra-racial violence, and finally by war over country borders. Finally, war is a result of a concerted effort by a large...

Download PDF file
  • EP ID EP712281
  • DOI https://doi.org/10.15354/si.22.re066
  • Views 73
  • Downloads 0

How To Cite

Wein K. Solos, Joel Leonard (2022). On the Impact of Artificial Intelligence on Economy. Science Insights, 41(1), -. https://www.europub.co.uk/articles/-A-712281