Affiliation:
1. Business School, Nanfang College Guangzhou, Guangzhou 510970, China
Abstract
The arrival of the era of artificial intelligence (AI) impacts a country’s economic growth. This work was aimed at helping a country achieve high-quality economic growth through AI. First, the penetration effect, boundary extension effect, knowledge creation effect, and self-deepening effect of AI in the process of penetration into the economy and society are analyzed. Then, the labor factors, capital factors, and production technology factors affecting economic growth are discussed. Furthermore, three channels through which AI affects economic growth are proposed: the labor channel, capital channel, and productivity channel. Finally, relevant verifications are carried out. The verification results demonstrate that AI will promote an increase in economic growth rate in the long run but have a specific inhibitory effect in a short time. According to the research results, sound policy suggestions are put forward for the positive impact of AI technology on economic growth, the negative effect on labor employment and income distribution, capital accumulation and capital structure, and the effect on production efficiency. This work has certain reference significance for the research on the economic growth rate of the national manufacturing industry in the era of AI.
Funder
Department of Education of Guangdong Province
Subject
Electrical and Electronic Engineering,Computer Networks and Communications,Information Systems
Cited by
4 articles.
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