AI's Impact on Income Inequality and Labor Markets

Artificial intelligence is on everyone’s minds these days. Many are predicting a period of upheaval ahead, while others believe it will be beneficial to economic growth and productivity. But how will all this impact the richest and poorest in society? Jon Frost, Head of Economics for the Americas, and Giulio Cornelli, Senior Financial Market Analyst, shed some light on this question, drawing from their recent research paper Artificial intelligence, services globalisation and income inequality, co-authored with Saurabh Mishra.