Artificial intelligence (AI) is already having a massive impact on global economics, so that some refer to it as the fourth industrial revolution. AI's market size is growing exponentially, and it is proving to be a useful economic tool for improving efficiency and decision-making processes through the analysis of large datasets. However, many concerns are being raised about AI's potential impact on the labor market. AI threatens to take over certain jobs, while other jobs now require AI skills that the current workforce may not possess. In summary, although AI will likely have a positive impact on economic growth and innovation, it poses significant challenges to equitable employment.
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Many financial centers, global organizations, and economic schools post reliable information regarding AI and economics, which can be found for free on the internet. A few are listed here:
("artificial intelligence" OR AI) AND
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