The Importance of Understanding Society in Shaping Fair Economic Systems with AI

Constantinos Challoumis

MPRA Paper from University Library of Munich, Germany

Abstract: Remarkable global advances in science and technology have fueled rapid economic growth. The systems and technologies for emerging paradigms, like artificial intelligence and machine learning, have the potential to be catalysts in transformations of economic structures. It is crucial that such transformations are fair, and the importance of understanding social and cultural aspects in their realization is a growing focus. This essay aims to explore and resolve the interplay among artificial intelligence, society, and the formulation of equitable economic structures.

Keywords: AI; economic systems; fair (search for similar items in EconPapers)
JEL-codes: Z0 Z1 Z10 (search for similar items in EconPapers)
Date: 2025-01-11
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