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This paper explores the multifaceted impact of Artificial Intelligence (AI) on the economy, examining both the opportunities and challenges presented by this rapidly evolving technology. AI’s influence on productivity, employment, industry transformation, and economic growth is analyzed, alongside ethical considerations and policy implications. The study finds that while AI offers substantial benefits in terms of efficiency and innovation, it also presents significant challenges, particularly in the labor market and ethical domains.
Anaida Ann Jacob (Mon,) studied this question.
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