Open Access
The economics of artificial intelligence : a survey
Loading...
Files
RSCAS 2019_58.pdf (1 MB)
Full-text in Open Access
License
Cadmus Permanent Link
Full-text via DOI
ISBN
ISSN
1028-3625
Issue Date
Type of Publication
Keyword(s)
LC Subject Heading
Other Topic(s)
EUI Research Cluster(s)
Initial version
Published version
Succeeding version
Preceding version
Published version part
Earlier different version
Initial format
Author(s)
Citation
EUI RSCAS; 2019/58; Florence School of Regulation
Cite
ABRARDI, Laura, CAMBINI, Carlo, RONDI, Laura, The economics of artificial intelligence : a survey, EUI RSCAS, 2019/58, Florence School of Regulation - https://hdl.handle.net/1814/63684
Abstract
The current advances in Artificial Intelligence are likely to have profound economic implications and bring about new trade-offs, thereby posing new challenges from a policymaking point of view. What is the socio-economic impact of these new technologies on growth, employment and inequality? How markets and competition will be affected by AI-powered agents? What are the implications in terms of consumers' privacy? Will algorithms reduce consumers' biases or will they rather originate new ones? This work presents a first attempt to provide a comprehensive survey of the growing economic literature on Artificial Intelligence and its economic impact on markets and society, focusing on those issues where AI is likely to pose the most imminent challenges for policymakers.