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The economics of artificial intelligence : an agenda

Agrawal, Ajay (ed.); Gans, Joshua (ed.); Goldfarb, Avi (ed.) - NBER Conference on the Economics of Artificial …; … - 2019

-- 7. Artificial Intelligence, Income, Employment, and Meaning / Betsey Stevenson -- 8. Artificial Intelligence, Automation … / James Bessen -- 11. Public Policy in an AI Economy / Austan Goolsbee -- 12. Should We Be Reassured If Automation in the … Future Looks Like Automation in the Past? / Jason Furman -- 13. R&amp -- D, Structural Transformation, and the Distribution …

Persistent link: https://www.econbiz.de/10013173775

The economics of artificial intelligence : an agenda

Agrawal, Ajay (ed.); Gans, Joshua (ed.); Goldfarb, Avi (ed.) - NBER Conference on the Economics of Artificial …; … - 2019

Persistent link: https://www.econbiz.de/10011904305

Harms of AI

Acemoglu, Daron - National Bureau of Economic Research - 2021

This essay discusses several potential economic, political and social costs of the current path of AI technologies. I argue that if AI continues to be deployed along its current trajectory and remains unregulated, it may produce various social, economic and political harms. These include:...

Persistent link: https://www.econbiz.de/10012629467

Artificial Intelligence and Its Implications for Income Distribution and Unemployment

Korinek, Anton - 2017

Inequality is one of the main challenges posed by the proliferation of artificial intelligence (AI) and other forms of worker-replacing technological progress. This paper provides a taxonomy of the associated economic issues: First, we discuss the general conditions under which new technologies...

Persistent link: https://www.econbiz.de/10012453539

The Simple Macroeconomics of AI

Acemoglu, Daron - National Bureau of Economic Research - 2024

-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are … advances are unlikely to increase inequality as much as previous automation technologies because their impact is more equally …

Persistent link: https://www.econbiz.de/10014544765

Tasks, Automation, and the Rise in US Wage Inequality

Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2021

by the relative wage declines of worker groups specialized in routine tasks in industries experiencing rapid automation … capital. Automation technologies expand the set of tasks performed by capital, displacing certain worker groups from … between 1980 and 2016. Our task displacement variable captures the effects of automation technologies (and to a lesser degree …

Persistent link: https://www.econbiz.de/10012585404

Should Robots be Taxed?

Guerreiro, Joao - 2017

We use a model of automation to show that with the current U.S. tax system, a fall in automation costs could lead to a … there is partial automation …

Persistent link: https://www.econbiz.de/10012453905

College Attainment, Income Inequality, and Economic Security : A Simulation Exercise

Hershbein, Brad - 2020

We conduct an empirical simulation exercise that gauges the plausible impact of increased rates of college attainment …

Persistent link: https://www.econbiz.de/10012479271

Distributional Effects of Adopting a National Retail Sales Tax

Feenberg, Daniel R. - 1997

This paper describes a new household-level data file based on merged information from the IRS Individual Tax File, the Current Population Survey, the National Medical Expenditure Survey, and the Consumer Expenditure Survey. This new file includes descriptive data on household income as well as...

Persistent link: https://www.econbiz.de/10012472943