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novel features it is shown that (i) AI automation can decrease the share of labor income no matter the size of the …
Persistent link: https://www.econbiz.de/10012262282
Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an economic growth explosion. In this paper, we critically...
Persistent link: https://www.econbiz.de/10014464111
In this paper we analyse the effects of technological innovation in the artificial intelligence (AI) domain on productivity. We embed the recently released data on patents and publications related to AI into an augmented panel model of productivity growth, estimated for OECD countries, and...
Persistent link: https://www.econbiz.de/10013175558
-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However …
Persistent link: https://www.econbiz.de/10011279740
Technological advancements bring changes to our life, altering our behaviors as well as our role in the economy. In this paper, we examine the potential effect of the rise of robotic technology on health. The results of the analysis suggest that higher penetration of industrial robots in the...
Persistent link: https://www.econbiz.de/10012244347
automation, health care, and energy, and correcting these distortions could have sizable welfare benefits …
Persistent link: https://www.econbiz.de/10014226119
As the pace of digitalization and automation accelerates globally, and more disruptive innovations in machine learning …
Persistent link: https://www.econbiz.de/10011908122
that partial automation by AI increases productivity directly as well as by shifting the task composition of occupations … of automation through AI for workers with good digital skills, who may find it easier to use AI effectively and shift to …
Persistent link: https://www.econbiz.de/10012801133
, labor productivity, automation, and total factor productivity. We find that increasing life expectancy and labor … automation also helps improve productivity of old age groups but in a different way. When robot density increases, old age groups …
Persistent link: https://www.econbiz.de/10012242100
finding might reflect the more rapid adoption of automation technologies in countries undergoing more pronounced demographic …
Persistent link: https://www.econbiz.de/10011689142