This European survey examines: The European Union's AI Act was approved by the European Parliament in March 2024: https://artificialintelligenceact.eu/the-act/ (a) The EU's legislation to regulate artificial intelligence is likely to put European technology firms at a substantial disadvantage to their competitors elsewhere in the world; (b) By providing a clear set of rules, the EU's legislation on artificial intelligence is likely to enhance research and innovation by firms building the new technology
Keyword: artificial intelligence
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This European survey examines (a) Use of artificial intelligence over the next ten years will have a negative impact on the earnings potential of substantial numbers of high-skilled workers in advanced countries; (b) Use of artificial intelligence over the next ten years will lead to substantially greater uncertainty about the likely returns to investment in education; (c) Use of artificial intelligence over the next ten years is likely to have a measurable impact in increasing income inequality
This US survey examines (a) Use of artificial intelligence over the next ten years will have a negative impact on the earnings potential of substantial numbers of high-skilled workers in advanced countries; (b) Use of artificial intelligence over the next ten years will lead to substantially greater uncertainty about the likely returns to investment in education; (c) Use of artificial intelligence over the next ten years is likely to have a measurable impact in increasing income inequality
This European survey examines (a) Use of artificial intelligence is likely to lead to a substantial increase in problems associated with market power in digital markets; (b) Artificial intelligence offers substantial opportunities for new entrants into digital markets that have previously been concentrated; (c) Artificial intelligence is likely to be a highly concentrated industry, dominated by a handful of players
This US survey examines (a) Use of artificial intelligence is likely to lead to a substantial increase in problems associated with market power in digital markets; (b) Artificial intelligence offers substantial opportunities for new entrants into digital markets that have previously been concentrated; (c) Artificial intelligence is likely to be a highly concentrated industry, dominated by a handful of players
This European survey examines (a) If countries could impose a ban on the use of ChatGPT and similar generative AI chatbot services that is technologically effective, they would experience a measurably negative impact on national innovation; (b) Regardless of whether advances in AI spur productivity growth, they are likely to create deep challenges for society – in areas from labor markets to politics, and including disinformation, privacy, crime, and warfare – that will be difficult to anticipate, plan for, and contain.
This US survey examines (a) Use of artificial intelligence over the next ten years will lead to a substantial increase in the growth rates of real per capita income in the US and Western Europe over the subsequent two decades; (b) Use of artificial intelligence over the next ten years will have a substantially bigger impact on the growth rates of real per capita income in the US and Western Europe over the subsequent two decades than the internet has had over the past two decades
This European survey examines (a) Use of artificial intelligence over the next ten years will lead to a substantial increase in the growth rates of real per capita income in the US and Western Europe over the subsequent two decades; (b) Use of artificial intelligence over the next ten years will have a substantially bigger impact on the growth rates of real per capita income in the US and Western Europe over the subsequent two decades than the internet has had over the past two decades
This week’s IGM Economic Experts Panel statements:
A) Holding labor market institutions and job training fixed, rising use of robots and artificial intelligence is likely to increase substantially the number of workers in advanced countries who are unemployed for long periods.
B) Rising use of robots and artificial intelligence in advanced countries is likely to create benefits large enough that they could be used to compensate those workers who are substantially negatively affected for their lost wages.
This week's IGM European Economic Experts Panel statements:
A) Holding labor market institutions and job training fixed, rising use of robots and artificial intelligence is likely to increase substantially the number of workers in advanced countries who are unemployed for long periods.
B) Rising use of robots and artificial intelligence in advanced countries is likely to create benefits large enough that they could be used to compensate those workers who are substantially negatively affected for their lost wages.
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