A Macroeconomic Analysis of the Impact of Artificial Intelligence on ...

The macroeconomic impact of artificial intelligence - PwC UK

Our S-CGE model analysis suggests that global GDP could be up to 14% higher than this figure in 2030 as a result of AI – the equivalent of up to $15.7 trillion.

This paper analyzes the impact of AI adoption on economic inequality, workforce composition, and output and suggests ways for governments to prepare for ...

The Macroeconomics of Artificial Intelligence

In the first scenario, AI leads to higher income inequality. Technologists and managers design and implement AI to substitute directly for many kinds of human ...

The Macroeconomic Effects of Artificial Intelligence - CRS Reports

coming years affect future economic and policy responses? One study suggests that the effects of AI on GDP in the long run could vary ...

The macroeconomic effects of AI innovation | CEPR

We extend the analysis to sectoral dynamics by examining the effects of AI-driven technological innovation across industries. Interestingly ...

A Macroeconomic Analysis of the Impact of Artificial Intelligence on ...

Download Citation | On Jan 1, 2024, Amara Sood and others published A Macroeconomic Analysis of the Impact of Artificial Intelligence on ...

The Simple Macroeconomics of AI | MIT Economics

It establishes that, so long as AI's microeconomic effects are driven by cost savings/productivity improvements at the task level, its ...

The impact of artificial intelligence on output and inflation

(2023) study the effects of AI on 5,000 customer-support agents working for a large ... 4 The macroeconomic impact of artificial intelligence.

The Simple Macroeconomics of AI | NBER

Using existing estimates on exposure to AI and productivity improvements at the task level, these macroeconomic effects appear nontrivial but ...

The Macroeconomic Impact of Artificial Intelligence

... AI; identification and analysis of various forms of artificial intelligence, of its possible impact on the aggregate economy, based on the findings of the ...

The Global Impact of Artificial Intelligence on the Economy and Jobs

This study delves into the global impact of AI on the economy, diving deep into specific regions, technology layers, and industries.

The impact of artificial intelligence on economic growth and welfare

AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people's patterns of interaction and economic ...

PwC's Global Artificial Intelligence Study: Sizing the prize

AI could contribute up to $15.7 trillion1 to the global economy in 2030, more than the current output of China and India combined.

4. The Economic Implications of Artificial Intelligence - Chatham House

As AI technology dramatically lowers the cost of goods and services, the benefit is that items become much more affordable and people's lives are improved. The ...

Economic impacts of artificial intelligence (AI) - European Parliament

A study by PricewaterhouseCoopers (PwC) estimates that global GDP may increase by up to 14 %. (the equivalent of US$15.7 trillion) by 2030 as a result of the ...

The impact of artificial intelligence on international trade

AI will also affect the type and quality of economic growth, with international trade implications. For instance, AI is likely to accelerate the ...

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

The boost to global labor productivity could also be economically significant, and we estimate that AI could eventually increase annual global ...

Modeling the global economic impact of AI - McKinsey & Company

Nevertheless, at the global average level of adoption and absorption implied by our simulation, AI has the potential to deliver additional ...

The impact of Artificial Intelligence on productivity, distribution and ...

... economic productivity and societal wellbeing. It examines AI's ... Analysis and insights for driving a rapid transition to net-zero ...

The macroeconomics of artificial intelligence - OMFIF

History provides ample evidence that, while AI is unlikely to spur joblessness or mass unemployment, the likelihood of rising inequality is high.