What question did this study set out to answer?

The aim is to explore how AI and automation pose challenges to developing economies while proposing strategies for economic development.

February 4, 2021

Artificial Intelligence, Globalization, and Strategies for Economic Development

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Analysis reveals economic impacts of AI on developing nations, suggesting policies to mitigate inequality.

The aim is to explore how AI and automation pose challenges to developing economies while proposing strategies for economic development.
Analysis of the economic forces influencing the impact of AI on global economies.
Development of policies to counteract negative effects on developing and emerging markets.
Recommendations for reforms in global economic governance to enhance equitable AI benefits.
Identifies significant risks of increased poverty and inequality due to labor-saving technologies.
Suggests specific economic policies to support developing nations in the face of technological change.
Recommends global governance reforms for fairer distribution of AI benefits.

Korinek et al. (2021) studied this question.

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