Exploring The Impact Path of Artificial Intelligence Development on Income Distribution Equity
DOI:
https://doi.org/10.54097/jcay0h81Keywords:
Artificial intelligence; income distribution; equity.Abstract
The rapid development of artificial intelligence has opened up an unprecedented window of opportunity, but at the same time, it has also triggered a series of complex and serious challenges. This technology is penetrating and reshaping every level of economic and social structure with unprecedented depth and breadth, profoundly changing people's production mode and life mode. This study focuses on the specific mechanisms of AI's impact on global income distribution equity and finds that it works through three core pathways: substitution and creation effects, skill bias, and capital bias. Ai is not only reshaping the employment landscape by replacing low-skilled labor jobs and creating new occupations, it is also further widening the income gap between high-skilled labor and low-skilled labor, as well as owners of labor capital, because of its inherent skill preferences and capital preferences. The interwoven effect of these mechanisms, while driving rapid economic growth, has also exacerbated income inequality within society.
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