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AI And The Economy - How Technology Is Redefining Employment And Income Distribution

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  • Challoumis, Constantinos

Abstract

There's a profound transformation occurring in employment and income distribution, primarily driven by the rise of artificial intelligence. In recent years, automation and machine learning technologies have begun to reshape industries, challenging our long-held perceptions of work and economic structures. As AI systems become increasingly sophisticated, they not only enhance productivity but also raise pivotal questions about job displacement and wealth inequality. This blog post examines into the intricate relationship between AI and the economy, exploring the implications for the workforce and our society at large.

Suggested Citation

  • Challoumis, Constantinos, 2024. "AI And The Economy - How Technology Is Redefining Employment And Income Distribution," MPRA Paper 122722, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:122722
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    References listed on IDEAS

    as
    1. Challoumis Constantinos, 2023. "Risk on the Tax System of the E.U. from 2016 to 2022," Economics, Sciendo, vol. 11(s1), pages 55-72, December.
    2. Constantinos Challoumis, 2021. "Index of the Cycle of Money - The Case of Greece," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 14(2), pages 58-67, September.
    3. Papageorgiou, Dimitris, 2012. "Fiscal policy reforms in general equilibrium: The case of Greece," Journal of Macroeconomics, Elsevier, vol. 34(2), pages 504-522.
    4. Pall Rikhardsson & Carsten Rohde & Leif Christensen & Catherine E. Batt, 2021. "Management controls and crisis: evidence from the banking sector," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 34(4), pages 757-785, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    AI; economy; technology; employment; income distribution;
    All these keywords.

    JEL classification:

    • P0 - Political Economy and Comparative Economic Systems - - General
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions
    • Z1 - Other Special Topics - - Cultural Economics
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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