This US survey examines: Adoption of artificial intelligence will lead to a substantial increase in the growth rates of real per capita income in the US and Western Europe over the next ten years
Keyword: automation
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This European survey examines (a) If countries could impose a ban on the use of ChatGPT and similar generative AI chatbot services that is technologically effective, they would experience a measurably negative impact on national innovation; (b) Regardless of whether advances in AI spur productivity growth, they are likely to create deep challenges for society – in areas from labor markets to politics, and including disinformation, privacy, crime, and warfare – that will be difficult to anticipate, plan for, and contain.
This US survey examines (a) Use of artificial intelligence over the next ten years will lead to a substantial increase in the growth rates of real per capita income in the US and Western Europe over the subsequent two decades; (b) Use of artificial intelligence over the next ten years will have a substantially bigger impact on the growth rates of real per capita income in the US and Western Europe over the subsequent two decades than the internet has had over the past two decades
This European survey examines (a) Use of artificial intelligence over the next ten years will lead to a substantial increase in the growth rates of real per capita income in the US and Western Europe over the subsequent two decades; (b) Use of artificial intelligence over the next ten years will have a substantially bigger impact on the growth rates of real per capita income in the US and Western Europe over the subsequent two decades than the internet has had over the past two decades
This week’s IGM Economic Experts Panel statements:
A) Holding labor market institutions and job training fixed, rising use of robots and artificial intelligence is likely to increase substantially the number of workers in advanced countries who are unemployed for long periods.
B) Rising use of robots and artificial intelligence in advanced countries is likely to create benefits large enough that they could be used to compensate those workers who are substantially negatively affected for their lost wages.
This week's IGM European Economic Experts Panel statements:
A) Holding labor market institutions and job training fixed, rising use of robots and artificial intelligence is likely to increase substantially the number of workers in advanced countries who are unemployed for long periods.
B) Rising use of robots and artificial intelligence in advanced countries is likely to create benefits large enough that they could be used to compensate those workers who are substantially negatively affected for their lost wages.
This week’s IGM Economic Experts Panel statements:
A: Advancing automation has not historically reduced employment in the United States.
B: Information technology and automation are a central reason why median wages have been stagnant in the US over the past decade, despite rising productivity.
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