In this article for Mint, Dr Niranjan Rajadhyaksha, Executive Director, Artha Global, discusses AI’s potential impacts on human productivity and the challenges it poses to countries with large labour markets. Excepts below:
“The possible impact of AI on economic growth should also be seen in the context of recent concerns among some economists”
“The upshot is that even if—and it is still an if—AI increases productivity in the macroeconomy, it may have important distributional effects that policymakers will have to grapple with in the coming years.”
You can read the full article here
