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Exclusion and the growth of AI technology: a trade-theoretic analysis.

Authors :
Hazari, Bharat
Mohan, Vijay
Source :
Frontiers in Human Dynamics; 2024, p1-10, 10p
Publication Year :
2024

Abstract

This study provides a four-good general equilibrium framework with international trade for assessing the impact of the advancement of automation and artificial intelligence (A&AI) on the welfare of a group of agents who are excluded from both owning productive assets, such as capital and land, as well as consuming digital output (digital exclusion). We show that, depending on the magnitude of the factor intensities, the accumulation of A&AI capital may negatively affect the income of the excluded group, who provide unskilled labor, or the owners of land. In doing so, we bring out the conflict of interests that may arise between the owners of A&AI capital and other groups within society, which has implications for the pressure that exists to slow down the adoption of A&AI in an economy. [ABSTRACT FROM AUTHOR]

Details

Language :
English
Database :
Complementary Index
Journal :
Frontiers in Human Dynamics
Publication Type :
Academic Journal
Accession number :
177766661
Full Text :
https://doi.org/10.3389/fhumd.2024.1203664