Economics of artificial intelligence : an agenda

Contributor(s):

Publication details: Oxford University Press 2019 New DelhiDescription: xi, 630pISBN:

9780190123260

Subject(s):

Economic aspects -- Artificial Intelligence

DDC classification:

338.470063 ECO-

Summary: Advances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general-purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions.

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Previous	338.470040954 ICT- ICTs and Indian economic development: economy, work, regulation	338.470040954 NIZ-; Decent work: insights from India's IT industry	338.470050954 SHA-; Outsourcer: the story of India's IT revolution	338.470063 ECO- Economics of artificial intelligence	338.470954 KAP-M Made only in India: goods with geographical indications	338.473621 HEA- Health, economic development and household poverty: from understanding to action	338.4737 CHA-E Education and economics: disciplinary evolution and policy discourse	Next

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Advances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general-purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions.

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