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We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …
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Policymakers fear artificial intelligence (AI) will disrupt labor markets, especially for high-skilled workers. We investigate this concern using novel, task-specific data for security analysts. Exploiting variation in AI's power across stocks, we show analysts with portfolios that are more...
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specific nature of AI and comparing previous waves of automation and robotization with the current advancements made possible …
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The mirror for (artificial) intelligence: In whose reflection?' sets out the parameters for caution in considering as-yet relatively un-debated issues in artificial intelligence (AI) research, which is the concept itself of 'intelligence'. After the AI 'winters' ending in the late 1990s, during...
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