The impact of Artificial Intelligence on productivity, distribution and growth: Key mechanisms, initial evidence and policy challenges
This paper explores the economics of Artificial Intelligence (AI), focusing on its potential as a new General-Purpose Technology that can significantly influence economic productivity and societal wellbeing. It examines AI's unique capacity for autonomy and self-improvement, which could acceler...
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| Main Author: | |
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| Other Authors: | , , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2024
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| Series: | OECD Artificial Intelligence Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | This paper explores the economics of Artificial Intelligence (AI), focusing on its potential as a new General-Purpose Technology that can significantly influence economic productivity and societal wellbeing. It examines AI's unique capacity for autonomy and self-improvement, which could accelerate innovation and potentially revive sluggish productivity growth across various industries, while also acknowledging the uncertainties surrounding AI's long-term productivity impacts. The paper discusses the concentration of AI development in big tech firms, uneven adoption rates, and broader societal challenges such as inequality, discrimination, and security risks. It calls for a comprehensive policy approach to ensure AI's beneficial development and diffusion, including measures to promote competition, enhance accessibility, and address job displacement and inequality |
| Physical Description: | 1 Online-Ressource (64 Seiten) 21 x 28cm |
| DOI: | 10.1787/8d900037-en |
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| indexdate | 2025-02-10T11:06:45Z |
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| spelling | Filippucci, Francesco Verfasser aut The impact of Artificial Intelligence on productivity, distribution and growth Key mechanisms, initial evidence and policy challenges Francesco, Filippucci ... [et al] Paris OECD Publishing 2024 1 Online-Ressource (64 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier OECD Artificial Intelligence Papers This paper explores the economics of Artificial Intelligence (AI), focusing on its potential as a new General-Purpose Technology that can significantly influence economic productivity and societal wellbeing. It examines AI's unique capacity for autonomy and self-improvement, which could accelerate innovation and potentially revive sluggish productivity growth across various industries, while also acknowledging the uncertainties surrounding AI's long-term productivity impacts. The paper discusses the concentration of AI development in big tech firms, uneven adoption rates, and broader societal challenges such as inequality, discrimination, and security risks. It calls for a comprehensive policy approach to ensure AI's beneficial development and diffusion, including measures to promote competition, enhance accessibility, and address job displacement and inequality Education Employment Governance Social Issues/Migration/Health Science and Technology Gal, Peter ctb Jona-Lasinio, Cecilia ctb Leandro, Alvaro ctb https://doi.org/10.1787/8d900037-en Verlag kostenfrei Volltext |
| spellingShingle | Filippucci, Francesco The impact of Artificial Intelligence on productivity, distribution and growth Key mechanisms, initial evidence and policy challenges Education Employment Governance Social Issues/Migration/Health Science and Technology |
| title | The impact of Artificial Intelligence on productivity, distribution and growth Key mechanisms, initial evidence and policy challenges |
| title_auth | The impact of Artificial Intelligence on productivity, distribution and growth Key mechanisms, initial evidence and policy challenges |
| title_exact_search | The impact of Artificial Intelligence on productivity, distribution and growth Key mechanisms, initial evidence and policy challenges |
| title_full | The impact of Artificial Intelligence on productivity, distribution and growth Key mechanisms, initial evidence and policy challenges Francesco, Filippucci ... [et al] |
| title_fullStr | The impact of Artificial Intelligence on productivity, distribution and growth Key mechanisms, initial evidence and policy challenges Francesco, Filippucci ... [et al] |
| title_full_unstemmed | The impact of Artificial Intelligence on productivity, distribution and growth Key mechanisms, initial evidence and policy challenges Francesco, Filippucci ... [et al] |
| title_short | The impact of Artificial Intelligence on productivity, distribution and growth |
| title_sort | the impact of artificial intelligence on productivity distribution and growth key mechanisms initial evidence and policy challenges |
| title_sub | Key mechanisms, initial evidence and policy challenges |
| topic | Education Employment Governance Social Issues/Migration/Health Science and Technology |
| topic_facet | Education Employment Governance Social Issues/Migration/Health Science and Technology |
| url | https://doi.org/10.1787/8d900037-en |
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