The Role Of Artificial Intelligence In Economics

Key Points

• This paper explores the impact of artificial intelligence on various economic activities and discusses associated challenges.
• Literature review of AI applications in economics
• Analysis of the effects of AI on production, employment, and market efficiency
• Discussion of challenges related to job displacement and inequality
• AI significantly improves productivity and decision-making in economic systems.
• AI contributes to transforming industries and enhancing market efficiency.
• Proper management of AI is essential to address challenges such as job displacement and inequality.

Abstract