A Review and a Proposal About Socio-economic Impacts of Artificial Intelligence

Author(s):  
Aysan Bashirpour Bonab ◽  
Ihor Rudko ◽  
Francesco Bellini
Author(s):  
Rene Kabalisa ◽  
Jörn Altmann

AbstractIn this era of digital revolution, artificial intelligence stands to be one of the emerging technologies to revolutionize the way we live, work, or communicate. While everyone is fighting to lead in this technology, their readiness differs and adoption challenges arise in many sectors. These competitions also result in various economic impacts on countries, firms, and individuals. This paper uses a systematic literature review to analyze the existing economic impact of AI adoption and the technology used. Overall, this paper presents clear evidence that AI adoption has a large effect on an economy. Findings of this research help researchers and practitioners to identify important economic impacts of adopting AI, identify directions for future research, and set policies that need to be put in place.


2020 ◽  
Vol 3 (2) ◽  
pp. 55
Author(s):  
Athanasios Chymis

Artificial Intelligence (AI) dominates the media and has been the focus of public discourse in the last few years. Since last March, however, COVID-19 makes almost everyday headlines because of its huge impact on our highly globalized world. This article has a dual objective. First, it aims to dissolve common misunderstandings and fears regarding AI. Second, by putting AI’s and COVID-19 societal and economic impacts into perspective, it discusses AI applications and research in the post-COVID-19 era. COVID-19 has played a catalytic role in accelerating the use of AI to mitigate the pandemic’s devastating effects. It is up to us to use AI in a responsible and ethical way that includes and benefits the whole humanity.


Author(s):  
David L. Poole ◽  
Alan K. Mackworth

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