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and inequality effects. I show theoretically that even when AI improves the productivity of low-skill workers in certain … tasks (without creating new tasks for them), this may increase rather than reduce inequality. Empirically, I find that AI … advances are unlikely to increase inequality as much as previous automation technologies because their impact is more equally …
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The study of the bias of new technologies is important both as part of the analysis of the nature of technology adoption and the direction of technological change, and to understand the distributional implications of new technologies. In this paper, I analyze the equilibrium bias of technology....
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Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries benefit and … entrepreneurs (thus greater inequality) increases entrepreneurial effort and hence a country's contribution to the world technology …
Persistent link: https://www.econbiz.de/10013099537
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries benefit and … entrepreneurs (thus greater inequality) increases entrepreneurial effort and hence a country's contribution to the world technology …
Persistent link: https://www.econbiz.de/10012825884
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries benefit and … entrepreneurs (thus greater inequality) increases entrepreneurial effort and hence a country's contribution to the world technology …
Persistent link: https://www.econbiz.de/10012460215
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