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How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
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Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping generative AI advances. Central to our analysis are the concepts of appropriability--whether firms in the industry are able to control the knowledge generated by their innovations--and...
Persistent link: https://www.econbiz.de/10014544752
Chapter 1:Incorporating Digital Skills in Accounting Education -- Chapter 2: Digital transformation in accounting: the nexus between technology, leadership, and beyond -- Chapter 3: Digital Transformation in Redefining the Role of the Finance and Audit Professional of the Future -- Chapter 4: A...
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This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the...
Persistent link: https://www.econbiz.de/10014544765
Technologies for Digital Transformation. Towards the Future of Organisations -- Exploring Emerging Technologies -- Manufacturing SMEs and Artificial Intelligence: be-tween Promises and Paradoxes -- Investigating the Artificial Intelligence Debate in Organisation and Management Studies -- Do...
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