Dynamics of labor and capital in AI vs. non-AI industries: A two-industry model analysis.

ABSTRACT: There is an imbalance in the development of artificial intelligence between industries. Compared to non-AI enterprise, AI- enterprise will save labor, enhance innovation capabilities, and improve production efficiency. By constructing a two-industry model of AI and non-AI enterprise, this paper finds that with the development of artificial intelligence in the same industry, the AI enterprise will occupy a dominant position, attracting labor and capital from the non-AI enterprise into the AI enterprise. In different industries, the development of artificial intelligence improves the production efficiency of the enterprise. However, due to the price effect, non-AI enterprise benefits more. Labor and capital flow from AI enterprise to non-AI enterprise. In order to promote the improvement of

SUBMITTER: Huang X 

PROVIDER: S-EPMC10807838 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature