The impact of artificial intelligence on growth and employment

The impact of artificial intelligence on growth and employment

At the 2023 World Economic Forum, tech entrepreneur Mihir Shukla noted: “People keep saying AI is coming but it is already here”. The use of artificial intelligence (AI) for day-to-day tasks has increased rapidly over the last decade and ChatGPT (developed by OpenAI) is a prime example of this, with the popular generative AI used by more than a billion users for everyday tasks like coding and writing. The speed and scale of AI uptake can be captured by a simple fact: it took ChatGPT just 60 days to reach its 100 millionth user; in contrast, […]

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