The expansion of AI will likely shrink earnings inequality

The expansion of AI will likely shrink earnings inequality – EconMacro

The expansion of AI will likely shrink earnings inequality - CEPR

The bottom line is that AI has the potential to mitigate or even reverse the sharp increases in skill premia and earnings inequality that ...

The expansion of AI will likely shrink earnings inequality – EconMacro

This column argues that artificial intelligence could mitigate or even reverse this disparity between low and highly skilled workers.

The Simple Macroeconomics of AI | MIT Economics

Nevertheless, I estimate that. AI will not reduce inequality and is likely to have a negative effect on the real earnings of. 5. Page 7. low ...

Artificial Intelligence – EconMacro - jamelsaadaoui.com

The expansion of AI will likely shrink earnings inequality ... In my second Vox EU column, written with David Bloom, Klaus Prettner, and Mario Veruete, you will ...

How AI Might Reduce Wage Inequality | American Enterprise Institute

Their findings indicate that increased AI adoption could actually decrease the wage gap because it can perform many tasks typically done by higher-skill ...

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

Yet it could also replace jobs and deepen inequality. The rapid advance of artificial intelligence has captivated the world, causing both ...

Jamel Saadaoui on LinkedIn: The expansion of AI will likely shrink ...

This column argues that artificial intelligence could mitigate or even reverse this disparity between low and highly skilled workers. Because AI ...

Artificial intelligence and wealth inequality: A comprehensive ...

There is a rich body of research examining the economic implications of AI and automation. For instance, Acemoglu and Restrepo [1,2]) investigate the impact of ...

The economic impact of AI on employment and income disparities

Technologies that reduce the cost of labor can also reduce the costs of goods and services, which also causes companies to keep wages low. Inequality is ...

ARTIFICIAL INTELLIGENCE - What AI means for economics

Artificial Intelligence. The collective decisions we make today will determine how AI affects productivity growth, income inequality, and ...

The impact of generative artificial intelligence on socioeconomic ...

Generative artificial intelligence (AI) has the potential to both exacerbate and ameliorate existing socioeconomic inequalities. In this article, we provide a ...

Artificial intelligence and the skill premium - arXiv

Proposition 1. The growing use of AI, ceteris paribus, reduces wage inequality between high-skill and low-skill workers, as long as AI is more ...

Harms of AI | MIT Economics

Additionally, wage growth, such as it is, has been anything but shared. ... will also tend to favor the elite's economic interests and increase inequality.

Artificial intelligence, firm growth, and product innovation

In particular, AI appears to reduce the costs of product development that are especially high for large firms (Akcigit and Kerr, 2018), allowing these firms to ...

Economic Policy for Artificial Intelligence

As the technology continues to improve, it may have a substantial impact on the economy with respect to productivity, growth, inequality, market power, ...

Artificial Intelligence, Automation, and the Economy | White House

found that AI has the potential to double annual economic growth ... will not determine the economic outcomes in terms of growth, inequality or ...

How artificial intelligence affects the labour force employment ...

The application of AI is likely to accelerate employment inequality and exacerbate the phenomenon of job polarisation [6]. Some previous findings support ...

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

Throughout history, there has been a concern that automation, including mechanization, computing, and more recently AI and robotics, would kill jobs and ...

Automation, AI & Work - Laura D. Tyson & John Zysman

Overall, such occupational changes are likely to fuel wage and income inequality between those workers whose skills are displaced by AI and those whose ...

The expansion of AI will likely shrink earnings inequality - Pinterest

The 1980s and 1990s saw a sharp increase in earnings inequality in the US. As new technologies displaced the routine tasks typically ...