Will the AI Revolution Cause a Great Divergence?

Will the AI Revolution Cause a Great Divergence?
This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes closely with labor; and the only fundamental... READ MORE...

Publication date: September 2020
ISBN 9781513556505
$18.00

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