The effect of artificial intelligence on economic growth

Abstract

A comprehensive assessment of artificial intelligence's effect on economic growth is the goal of this research article. The rapid advancement of AI has aroused the curiosity of lawmakers, economists, and corporate leaders due to the possible economic consequences it may cause. Gains in productivity, changes in the dynamics of the labour market, innovations, and general economic competitiveness are just a few of the ways that AI contributes to economic growth that this article explores. By integrating empirical research, case studies, and theoretical frameworks, we aim to offer a comprehensive grasp of the intricate relationship between AI adoption and economic progress.