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what is the impact of artificial intellingence and technology in economy

what is the impact of artificial intellingence and technology in economy
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Answer : Artificial intelligence has a mixed impact on an economy. It means that artificial intelligence and technology has mixed on an economy such as :

  • Production and productivity in an economy has been increased a lot.
  • Upgradation in standard of living.
  • Life become easy
  • Growth of an economy.
  • Society has been upgraded a lot.
  • Industries sector has been well developed

There are various pitfall in an economy such as :

  • Human being dependent on the artificial intelligence become lazy.
  • Unemployment in an economy has been increased.
  • Development of new generation is not properly.
  • Resources are should not properly utilised systematic.

This shows both positive and negative impact on an economy of artificial intelligence or technology.

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