Artificial intelligence, automation, and the economy / Executive Office of the President.

Format:

Book

Government document

Contributor:

United States. Executive Office of the President, issuing body.

Language:

English

Subjects (All):

Artificial intelligence--Economic aspects--United States--Forecasting.

Artificial intelligence.

Artificial intelligence--Social aspects--United States--Forecasting.

Artificial intelligence--Government policy--United States.

Labor supply--Effect of technological innovations on.

Labor supply.

Human-machine systems--Technological innovations--Social aspects--United States--Forecasting.

Human-machine systems.

Human-machine systems--Technological innovations--Economic aspects--United States--Forecasting.

Human-machine systems--Government policy--United States.

Artificial intelligence--Government policy.

United States.

Genre:

Online resources.

Physical Description:

1 online resource (49 pages) : color illustrations

Place of Publication:

Washington, D.C. : Executive Office of the President, 2016.

Summary:

Accelerating artificial intelligence (AI) capabilities will enable automation of some tasks that have long required human labor. These transformations will open up new opportunities for individuals, the economy, and society, but they have the potential to disrupt the current livelihoods of millions of Americans. Whether AI leads to unemployment and increases in inequality over the long-run depends not only on the technology itself but also on the institutions and policies that are in place. This report examines the expected impact of AI-driven automation on the economy, and describes broad strategies that could increase the benefits of AI and mitigate its costs.

Contents:

Executive Summary.

Economics of AI-driven automation.

Policy responses.

Conclusion.

Outreach and development of this report.

Introduction.

AI and the macroeconomy: technology and productivity growth.

AI and the labor market: diverse potential effects.

Historical effects of technical change.

AI and the labor market: the near term.

What kind of jobs will AI create?

Technology is not destiny

institutions and policies are critical.

Strategy #1: Invest in and develop AI for its many benefits.

Strategy #2: Educate and train Americans for jobs of the future.

Strategy #3: Aid workers in the transition and empower workers to ensure broadly shared growth.

References.

Notes:

"December 2016."

Includes bibliographical references (pages 44-49).

Online resource; title from PDF title page (White House, viewed December 21, 2016).

OCLC:

966642591