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AI And The Economy - How Technology Is Redefining Employment And Income Distribution

Constantinos Challoumis

MPRA Paper from University Library of Munich, Germany

Abstract: There's a profound transformation occurring in employment and income distribution, primarily driven by the rise of artificial intelligence. In recent years, automation and machine learning technologies have begun to reshape industries, challenging our long-held perceptions of work and economic structures. As AI systems become increasingly sophisticated, they not only enhance productivity but also raise pivotal questions about job displacement and wealth inequality. This blog post examines into the intricate relationship between AI and the economy, exploring the implications for the workforce and our society at large.

Keywords: AI; economy; technology; employment; income distribution (search for similar items in EconPapers)
JEL-codes: P0 P3 Z1 Z18 Z19 (search for similar items in EconPapers)
Date: 2024-11-19
New Economics Papers: this item is included in nep-ict and nep-inv
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:122722

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