Publication Date: 2023/05/03
Abstract: This research paper explores the impact of artificial intelligence (AI) on the global economy, with particular emphasis on its influence on gross domestic product (GDP). The paper begins with an overview of AI, followed by a discussion of its potential benefits and drawbacks in relation to economic growth. Next, the paper examines empirical evidence and case studies to analyze the relationship between AI adoption and GDP growth across different countries and regions. Finally, the paper concludes by providing policy recommendations for governments seeking to harness the potential of AI to foster economic growth.
Keywords: Artificial Intelligence, GDP, R&D, Econometric Model, Services Sector, Economic Growth, Impact of AI on GDP
DOI: https://doi.org/10.5281/zenodo.7889112
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23APR1794.pdf
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