Economy in Focus #10 - AI’s impact on macroeconomy
In the 10th edition of Economy in Focus, discover how Generative AI is revolutionising productivity and reshaping global economic landscapes. This in-depth report explores the transformative potential of AI technologies, their impact on markets, and the challenges they bring. Published in June 2024.
AI boosts productivity and innovation
Generative AI is set to reverse slowing productivity by automating tasks and driving innovation, potentially triggering significant economic growth.
Rising economic inequality risk
AI may deepen global inequalities, as advanced economies gain more from its benefits, leaving others behind.
Opportunities and risks in AI adoption
AI can reduce costs and close skill gaps, but it also risks job losses and ethical challenges like algorithmic bias.
Comment from Intrum's Senior Economist:
"Generative AI holds the potential to revolutionise productivity and reshape global economic landscapes, but its uneven distribution of benefits could deepen existing inequalities. Balancing innovation with inclusivity is key."
Previous editions of Economy in Focus:
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