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About Artificial Intelligence (AI) Impact On Macroeconomics
The document discusses the impact of artificial intelligence (AI) on macroeconomics, specifically inflation and GDP. It notes that while AI has replaced some jobs, it has also created new roles and increased productivity, which can boost economic growth over time. Initially, job displacement from automation may occur, but new jobs created in the economy could offset losses. The development of AI provides new opportunities for businesses and investment. Though the rapid evolution of AI presents challenges in adapting, the document argues that if societies accept change, the results of overcoming challenges will increase economic growth.
Detailed Information
| Author: | ['Mezo N'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 2 |
| Language: | English |
| Format: | |
| Price: | FREE |
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