The macroeconomic effects of AI innovation

The macroeconomic effects of AI innovation | CEPR

The recent rise of generative artificial intelligence has spurred a heated debate on its potential for economic growth and on the risks of ...

The Macroeconomic Effects of AI Innovation - Search eLibrary :: SSRN

An increase in the AI intensity of filed US patents leads to a delayed surge in industrial production and a decline in consumer prices, in line ...

The Macroeconomic Effects of Artificial Intelligence - CRS Reports

technologies could impact the economy. AI potentially has wide-ranging uses in the production of goods and services, which could affect the ...

The macroeconomic effects of AI innovation

The macroeconomic effects of AI innovation. Andrea Gazzani *. Filippo Natoli*. *Bank of Italy. The Impact of Artificial Intelligence on the ...

5 Key Economic Impacts And Strategic Implications Of AI For Leaders

AI affects market structures by lowering entry barriers in some industries while increasing the scale economies in others. This can lead to ...

The macroeconomic impact of artificial intelligence - PwC UK

As humans and machines collaborate more closely, and AI innovations come out of the research lab and into the mainstream, the transformational possibilities are ...

The Macroeconomics of Artificial Intelligence

AI enables these firms to become more productive, profitable, and larger than their competitors. AI models become ever more expensive to develop, in terms of ...

The Simple Macroeconomics of AI | NBER

So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the task level, its macroeconomic consequences ...

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 ...

simple macroeconomics of AI* | Economic Policy - Oxford Academic

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

Thinking About the Economic Impact of AI . . . - AEI

As AI innovation surges, it ripples through the economy, boosting industrial output and driving down consumer prices. Far from the job-killing ...

4. The Economic Implications of Artificial Intelligence - Chatham House

85 A 2016 report by the Analysis Group, funded by Facebook, estimated the 'reasonable range' of economic impact of AI over the next 10 years at between $1.49 ...

The Economics of Generative AI | NBER

There is evidence that both the potential productivity impact and the potential share of the economy affected are significant in the case of generative AI, ...

The impact of artificial intelligence on output and inflation

We construct an index of industry exposure to AI to calibrate a macroeconomic multi-sector model. Building on studies that find significant ...

The Simple Macroeconomics of AI - MIT Economics

So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the task level, its macroeconomic consequences ...

Implications of AI innovation on economic growth: a panel data study

AI drives economic growth by stimulating gains both from the supply side and the demand side. AI can drive business productivity through (1) ...

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

And, with our new proprietary AI Economic Impact Index, Capital Economics clients get a clear picture of AI's consequences for the global economic order, ...

AI and the US Economy: Optimism, Pessimism, or Realism?

McKinsey suggests AI innovation could unlock between $11-$17 trillion in increased total global economic value for business. ... These gains will ...

The macroeconomics of artificial intelligence - OMFIF

And yet the economics of AI point to an unmistakably disequalising bend, which has implications for how monetary policy should assess countries' ...

The global economic impact of AI - BNP Paribas CIB

The impact on inflation is likely to be particularly significant as AI technology improves and becomes more widely adopted. Given different ...