The Impact of Artificial Intelligence on Economic Growth -- An Industrial Structure Based Perspective

Artificial intelligence is the leading technology of the new round of scientific and technological revolution and industrial revolution, and its impact on the economic development is profoundly intricate and has garnered significant attention from scholars and professionals across various sectors. The industrial domain, serving as the backbone of economic progress, plays a crucial role in fostering high-quality economic growth. Industry, as the core carrier of economic development, is of great significance for high-quality economic development. AI technology penetrates into various industrial sectors through its techno-economic characteristics, and has an impact on the industrial structure and economic growth mode. Based on combing the current situation and future trends of AI development, this paper analyses in detail the role mechanism of AI affecting the transformation and development of the three major industries, and discusses the impact of AI on economic growth, with a view to providing useful reference for the research and practice of AI, industrial development and economic growth. Through a comprehensive review, this study seeks to provide valuable insights into how AI can be harnessed to propel industrial development and sustain economic growth.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-11-29
DOI
https://doi.org/10.54254/2754-1169/123/2024mur0143
Primary Topic
Economic Growth and Productivity
Type
article
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0.00
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article

The Impact of Artificial Intelligence on Economic Growth -- An Industrial Structure Based Perspective

Donghao Liu
Advances in Economics Management and Political Sciences
Economic Growth and Productivity
article

The Impact of Artificial Intelligence on Economic Growth -- An Industrial Structure Based Perspective

Donghao Liu
article en

Abstract

Artificial intelligence is the leading technology of the new round of scientific and technological revolution and industrial revolution, and its impact on the economic development is profoundly intricate and has garnered significant attention from scholars and professionals across various sectors. The industrial domain, serving as the backbone of economic progress, plays a crucial role in fostering high-quality economic growth. Industry, as the core carrier of economic development, is of great significance for high-quality economic development. AI technology penetrates into various industrial sectors through its techno-economic characteristics, and has an impact on the industrial structure and economic growth mode. Based on combing the current situation and future trends of AI development, this paper analyses in detail the role mechanism of AI affecting the transformation and development of the three major industries, and discusses the impact of AI on economic growth, with a view to providing useful reference for the research and practice of AI, industrial development and economic growth. Through a comprehensive review, this study seeks to provide valuable insights into how AI can be harnessed to propel industrial development and sustain economic growth.

Advances in Economics Management and Political SciencesVol. 123(1)
Beijing Normal-Hong Kong Baptist University (CN), Hong Kong Baptist University (HK), Beijing Normal University (CN)
Decent work and economic growth
Openalex Percentile: Top 74%
Economic Growth and Productivity
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