AI and the New Wealth of Nations: Rethinking Development in the Intelligent Age
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2025
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| author | Arpan Tewary Dr. Abhishek Bandyopadhyay Sagnik Chakrabarti Subham Das |
| author_facet | Arpan Tewary Dr. Abhishek Bandyopadhyay Sagnik Chakrabarti Subham Das |
| contents | <p><strong>Artificial Intelligence (AI)</strong> has emerged as a transformative general-purpose technology capable of reshaping economic structures, productivity, and innovation across the globe. This chapter critically examines the contribution of AI to economic development, emphasizing its multifaceted role in enhancing efficiency, fostering innovation, and redefining labour markets. Through a conceptual and sectoral analysis, it explores how AI integrates into diverse fields such as manufacturing, healthcare, finance, agriculture, and transportation. Case studies highlight AI-driven productivity improvements and inclusive growth strategies, while comparative data underscore global disparities in access and adoption. The chapter also discusses policy implications, including national AI strategies, governance frameworks, and ethical considerations surrounding fairness and transparency. Challenges such as technological unemployment, data privacy, and inequality are analyzed alongside strategies for sustainable and equitable growth. Ultimately, the study offers a comprehensive understanding of AI’s role as both an economic catalyst and a policy challenge, arguing that inclusive governance and human-centered innovation are essential for harnessing AI’s full potential for global prosperity.</p> <p><strong>Keywords:</strong> Artificial Intelligence, Economic Development, Productivity, Innovation, Policy Frameworks</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_19511830 |
| institution | Zenodo |
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| publishDate | 2025 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | AI and the New Wealth of Nations: Rethinking Development in the Intelligent Age Arpan Tewary Dr. Abhishek Bandyopadhyay Sagnik Chakrabarti Subham Das Artificial Intelligence, Economic Development, Productivity, Innovation, Policy Frameworks <p><strong>Artificial Intelligence (AI)</strong> has emerged as a transformative general-purpose technology capable of reshaping economic structures, productivity, and innovation across the globe. This chapter critically examines the contribution of AI to economic development, emphasizing its multifaceted role in enhancing efficiency, fostering innovation, and redefining labour markets. Through a conceptual and sectoral analysis, it explores how AI integrates into diverse fields such as manufacturing, healthcare, finance, agriculture, and transportation. Case studies highlight AI-driven productivity improvements and inclusive growth strategies, while comparative data underscore global disparities in access and adoption. The chapter also discusses policy implications, including national AI strategies, governance frameworks, and ethical considerations surrounding fairness and transparency. Challenges such as technological unemployment, data privacy, and inequality are analyzed alongside strategies for sustainable and equitable growth. Ultimately, the study offers a comprehensive understanding of AI’s role as both an economic catalyst and a policy challenge, arguing that inclusive governance and human-centered innovation are essential for harnessing AI’s full potential for global prosperity.</p> <p><strong>Keywords:</strong> Artificial Intelligence, Economic Development, Productivity, Innovation, Policy Frameworks</p> |
| title | AI and the New Wealth of Nations: Rethinking Development in the Intelligent Age |
| topic | Artificial Intelligence, Economic Development, Productivity, Innovation, Policy Frameworks |
| url | https://doi.org/10.5281/zenodo.19511830 |