AI Law - International Review of Artificial Intelligence Law
G. Giappichelli Editore

20/11/2024 - The Economic Impact of AI and Robotics

argument: Notizie/News - Economic Law or Law of Economics

Source: The Manila Times

The article discusses how the rapid growth of artificial intelligence (AI) and robotics is having a significant impact on the global economy. AI and robotics are transforming industries such as manufacturing, healthcare, logistics, and finance by improving efficiency, reducing costs, and driving innovation. The global economic shift towards AI-driven technologies is creating new opportunities for businesses while also presenting challenges, such as the need for workforce upskilling and the risk of job displacement.

The article highlights key trends, including increased investment in AI and robotics across various sectors and the role of governments in supporting AI adoption through policy and infrastructure development. It also touches on the ethical and regulatory challenges that come with AI and robotics, particularly in terms of ensuring responsible use and protecting workers' rights in a rapidly changing economy.