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


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

We provide an overview of AI's potential macroeconomic impacts, and argue that if AI delivers on its promised capabilities, it has the potential to ...

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

In this Global Economics Analyst, we provide an overview of AI's potential macroeconomic impacts, and argue that if AI delivers on its promised.

Generative AI could raise global GDP by 7% - Goldman Sachs

Generative AI could raise global GDP by 7% · Breakthroughs in generative artificial intelligence have the potential to bring about sweeping ...

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

The recent emergence of generative artificial intelligence (AI) has raised questions around whether we are at the brink of a rapid acceleration in task ...

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

This analysis from Goldman Sachs estimates that 300 million jobs globally could be exposed to automation from ChatGPT.

AI is showing "very positive" signs of eventually boosting GDP and ...

Goldman Sachs Research predicted last year that generative AI could boost GDP and raise labor productivity growth over the coming decade.

Artificial Intelligence: Promises and perils for productivity and broad ...

On the other hand, AI can also lead to more inclusion and stronger economic mobility by improving education quality and access, expanding credit ...

AI Will Transform the Global Economy. Let's Make Sure It Benefits ...

The effect on labor income will largely depend on the extent to which AI will complement high-income workers. If AI significantly complements ...

The Potentially Large Effects of Artificial Intelligence on Jobs

It should be noted that advances in AI will also generate demand for new jobs, types of work, and related skills. The combination of job ...

Why Generative AI Could Have a Huge Impact on Economic Growth ...

AI investment could approach 1 percent of US GDP by 2030 if it increases at the pace of software investment in the 1990s. (That said, US and ...

The Macroeconomic Effects of Artificial Intelligence - CRS Reports

Members of Congress are increasingly interested in AI, including its economic impacts. For example, the House announced a bipartisan task force ...

Will Artificial Intelligence increase economic growth?

AI could impact growth not only through higher productivity, but also through its direct impact on labour and capital inputs. Moreover, the ...

The promises and perils of AI for productivity and growth | CEPR

The impact of AI on inequality remains ambiguous. The technology can potentially substitute for high-skilled labour and narrow wage gaps with ...

The impact of artificial intelligence on economic growth and welfare

The traditional factors of production and physical capital and labor may no longer promote substantial economic growth. It is generally believed that AI will be ...

AI's Economic Potential: Goldman Sachs Responds to Daron ...

McKinsey forecasts the overall impact of AI and other automation technologies could produce a 1.5 to 3.4 percentage point rise in average annual ...

AI and the Economy: Innovation Policy and the Economy: Vol 19

We review the evidence that artificial intelligence (AI) is having a large effect on the economy. Across a variety of statistics—including robotics shipments, ...

Artificial Intelligence and the Labor Market - Sciences Po

... (AI) potential effects on the labor market and economic ... The Potentially Large Effects of Artificial Intelligence on Economic Growth (Briggs/ ...

The Economic Impacts and the Regulation of AI - IMF eLibrary

High-income countries see 5.5% of total employment exposed to automation and 13.4% to augmentation from AI, while the same percentages are 0.4% ...

The economic potential of generative AI - McKinsey & Company

Generative AI will have a significant impact across all industry sectors. Banking, high tech, and life sciences are among the industries that ...

Azeem on AI: Where Will the Jobs Come from After AI?

The Potentially Large Effect of Artificial Intelligence on Economic Growth, Goldman Sachs, March 2023; After AI, Where Will the Jobs Come From?