Project Abstract

This project explores the profound economic impacts of artificial intelligence (AI), analyzing its dual role as both a driver of productivity and a disruptor in labor markets. Motivated by the transformative potential of AI and the urgent need to manage its implications responsibly, the study employs comprehensive research methodologies, including econometric models and comparative analyses. It reveals how AI enhances economic outputs across key sectors while significantly reshaping employment landscapes. The findings indicate substantial growth in regional GDPs, especially in technologically advanced regions. They also underscore the necessity for adaptive workforce strategies to address AI-driven job displacements. The research is driven by a commitment to understanding these dynamics to maximize economic gains while safeguarding societal welfare in an AI-integrated future. The project concludes with strategic recommendations for policymakers, educators, and industry leaders to harness AI’s potential responsibly, ensuring sustainable economic development and equitable benefit distribution across society.

Keywords: Artificial Intelligence (AI), Economic, Policymakers

 Conference Details

Session: Presentation Stream 8 at Presentation Slot 6

Location: GH037 at Tuesday 7th 13:30 – 17:00

Markers: Galileo Sator (GTA), Ulrich Berger

Course: MSc Computer Science, Masters PG

Future Plans: I’m looking for work