"Artificial Intelligence and Its Implications for Income Distribution and Unemployment"

by Korinek, Anton; Stiglitz, Joseph E (2019)

Abstract

The introduction of artifi cial intelligence (AI) is the continuation of a long process of automation. Advances in mechanization in the late nineteenth and early twentieth centuries automated much of the physical labor performed by humans. Advances in information technology in the mid- to late twentieth century automated much of the standardized data processing that used to be performed by humans. However, each of these past episodes of automation left large areas of work that could only be performed by humans.

Keywords

Artificial Intelligence, Machine Learning, Technology, Income Distribution, Employment, Equality, Data Processing, Uemployment

Themes

Employment, Economics, Automation

Links to Reference

• https://www.degruyter.com/document/doi/10.7208/9780226613475-016/html

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