the impact of ai to macroeconomics

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the impact of ai to macroeconomics the impact of ai to macroeconomics samatova rukhshona global economic impact global gdp is estimated to have been approximately $75 trillion in 2016. our baseline projections suggest that that figure is estimated to be approximately $114 trillion by 2030. our s-cge model analysis suggests that global gdp could be up to 14% higher than this figure in 2030 as a result of ai – the equivalent of up to $15.7 trillion. we estimate that approximately 58% of the 2030 gdp impact will come from consumption side impacts, or $9.1tn of additional gdp. however, over the entire period 2017-2030, approximately 55% of the gdp impact will be due to productivity increases. this is reflective of the faster (total) transmission mechanism on the production side of the economy, as the consumption-side gdp effects rely more heavily on the more delayed, indirect effect of dynamic firm entry …
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abor demand, leading to lower wages and reduced hiring. in the most extreme cases, some of these jobs may disappear. image1.jpeg image2.tmp image3.png image4.png image5.tmp image6.tmp image7.png
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the impact of ai to macroeconomics the impact of ai to macroeconomics samatova rukhshona global economic impact global gdp is estimated to have been approximately $75 trillion in 2016. our baseline projections suggest that that figure is estimated to be approximately $114 trillion by 2030. our s-cge model analysis suggests that global gdp could be up to 14% higher than this figure in 2030 as a result of ai – the equivalent of up to $15.7 trillion. we estimate that approximately 58% of the 2030 gdp impact will come from consumption side impacts, or $9.1tn of additional gdp. however, over the entire period 2017-2030, approximately 55% of the gdp impact will be due to productivity increases. this is reflective of …

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