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The ethical implications of Artificial Intelligence (AI) on the economy of G7 countries

Mansur EshovMaftuna KamilovaDepartment of Economics and Management, Tashkent State University of Economics, Tashkent, Uzbekistan
2024en
ABI

Abstract

In this study paper, we looked at the impact of AI on economic growth. There have been numerous studies and findings on this topic. We found a positive correlation between AI and economic growth based on our factors from G7 countries. We used panel data to conduct this study, although other researchers employed various methodologies. These findings can be applied in many countries to assess the potential impact of AI. It can benefit government, countries, and businesses alike. However, because the major characteristics in our study were obtained from G7 countries, it may be more useful to developed countries. Our research did not go into great detail about this topic because there are more specific fields. Like watching the influence of AI on the economy in terms of medicine and education

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