THE ECONOMIC IMPLICATIONS OF AI ON INCOME DISTRIBUTION AND GLOBAL INEQUALITY

Authors

  • Abdulaziz Abduvaliev Author

Keywords:

Key words: artificial intelligence, income distribution, global inequality, job polarization, automation, AI divide, reskilling, economic disparity, taxation, policy interventions.

Abstract

  Abstract. Today, the emergence of artificial intelligence (AI), along with a number of positive effects, leads to uneven distribution of income in the economy and global inequality, and has a great impact on the development of the world economy. The integration of AI technologies into various industries has created drastic differences in the job market. In particular, the demand for highly skilled workers is increasing, and many people are losing their jobs because of the automation of tasks performed by low-skilled workers. This situation exacerbates income inequality in developed countries. Globally, the uneven adoption of AI technologies is deepening the economic divide between countries, as developed countries benefit from advanced infrastructure while developing and underdeveloped countries lag behind. To reduce these impacts, the article proposes solutions such as retraining programs, introducing tax systems to redistribute income from AI technologies, and establishing international cooperation to ensure equal access to AI opportunities.

References

Published

02.12.2024

How to Cite

Abdulaziz Abduvaliev. (2024). THE ECONOMIC IMPLICATIONS OF AI ON INCOME DISTRIBUTION AND GLOBAL INEQUALITY. JOURNAL OF NEW CENTURY INNOVATIONS, 66(1), 60-65. https://scientific-jl.org/new/article/view/4314