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Are the Risks Associated with Artificial Intelligence Development in Economy and Society Truly Novel?

N. V. Lukjanovich () and S. A. Nekrasov ()

Outlines of global transformations: politics, economics, law, 2025, vol. 17, issue 5

Abstract: The article analyzes the risks accompanying the development of artificial intelligence (AI) and identifies the main areas of its application. AI technologies are currently actively used in many areas of human activity, and they are instrumental in determining the direction of the modern world economy. Historical analogies related to AI risks, which have inevitably arisen during various stages of scientific and technological development as certain innovative solutions were introduced, are considered. The issues of job reductions and rising unemployment, both of which are relevant and socially significant, have garnered substantial academic attention. The uncontrolled escalation of these phenomena could undermine social stability and exacerbate societal stratification, resulting from declining incomes among the least qualified employees alongside the enrichment of more dynamic and skilled individuals. To mitigate these consequences, the role of government agencies in the large-scale use of AI should not only remain significant but also increase considerably. As digitalization processes may eventually be dominated by a small number of large companies and governments, these dynamics could exacerbate inequality and limit the variety of use cases for AI systems. It should be noted that multinational corporations (MNCs), and especially the GAFA group (Google, Apple, Facebook, and Amazon), are successfully transforming the consciousness of the masses in directions that serve their interests, actively using AI to shape and manipulate mass consciousness. Considering that the problems posed are synthetic in nature, there is an urgent need for interdisciplinary research to identify the risks associated with using AI at the state and corporate levels and to adopt measures aimed at minimizing them.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ccs:journl:y:2025:id:1597

DOI: 10.31249/kgt/2024.05.03

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