The Potentially Large Effects of Artificial Intelligence on Economic ...

The impact of artificial intelligence on growth and employment - CEPR

... impact of AI on global economic growth and unemployment rates in high-income countries over the upcoming decade. Most panellists think that AI ...

After AI, where will the jobs come from? - Exponential View

... The Potentially Large Effect of Artificial Intelligence on Economic Growth", in which the authors explore the labour market's future. The ...

Economic impacts of artificial intelligence (AI) - European Parliament

It can increase the efficiency with which things are done and vastly improve the decision-making process by analysing large amounts of data. It can also spawn ...

Generative AI holds huge economic potential for the global economy

Across the high-tech industry, the technology could deliver value of up to $240–460 billion annually, as technology speeds up and makes software ...

The Potentially Large Effects of Artificial Intelligence on Economic ...

The recent emergence of generative artificial intelligence (AI) raises whether we are on the brink of a rapid acceleration in task automation that will ...

The Potentially Large Effects of Artificial Intelligence on Economic ...

The Potentially Large Effects of Artificial Intelligence on Economic Growth ... The widely cited Goldman Sachs paper which estimates that 2/3rds of all jobs are ...

Will Generative AI Disproportionately Affect the Jobs of Women?

New jobs will be created as well, and workers may find more meaning in their work if AI allows tasks that are time-consuming to be automated.

The future of AI and the US economy, according to Goldman Sachs

The bank cites early academic research and corporate data that indicate AI significantly enhances productivity. The extent and timing of its ...

How AI can boost productivity and jump start growth

No one can precisely predict AI's economic trajectory, and estimates of AI's economic impact vary widely. A specific uncertainty relates to the ...

PwC's Global Artificial Intelligence Study: Sizing the prize

Total economic impact of AI in the period to 2030 ... What comes through strongly from all the analysis we've carried out for this report is just how big a game ...

Generative AI and Its Economic Impact: What You Need to Know

The use of Gen AI in finance is expected to increase global gross domestic product (GDP) by 7% or nearly $7 trillion. It should boost productivity growth by 1. ...

A new report explores the economic impact of generative AI

This technology is already delivering large productivity gains, which will increase and spread as people and organizations come up with ...

Aggregate Effects of the Adoption of AI | Richmond Fed

Recent estimates of the medium-term AI impact on labor productivity range from negligible to larger than the 1990s IT impact. But should AI meaningfully affect ...

Generative AI and Jobs: A global analysis of potential effects on job ...

... large neural networks used by Generative Pre-trained Transformers (GPT, see ... Economic Rationale and Legal Practice.” Working paper. http://www.ilo ...

Exploring AI's Economic Impact - American Century Investments

AI has the potential to create more jobs than it replaces. · By enabling workers to offload time-consuming tasks, AI can drive labor productivity ...

AI, Economies and Markets: How artificial intelligence will transform ...

If, as we believe, AI should be considered a general-purpose technology (GPT), then the implications for the macroeconomy could be huge. There are generally ...

(PDF) Effect of artificial intelligence on the economy - ResearchGate

the adoption of AI and economic dynamics, thereby providing valuable insights. 13. Design/methodology/approach: The research paper utilizes an interdisciplinary ...

4. The Economic Implications of Artificial Intelligence - Chatham House

By improving efficiency and lowering costs, AI will likely mean more output and thus perhaps lower prices for consumers. This may free up capital to be deployed ...

Quantifying the Potential of Generative AI - Guidehouse

... business-examples). 2 Briggs, Joseph. The Potentially Large Effects of Artificial Intelligence on Economic Growth. Goldman Sachs: Global. Economic Analyst.

How AI could explode the economy - Vox

Believers in a growth explosion argue that AI is set to make society much, much richer by causing economic growth at a scale it has never experienced before.