Original scientific paper
https://doi.org/10.1080/1331677X.2021.2012217
The shadows of economic growth: AI automation and globalisation
Mieta Bobanović
Abstract
Today’s political and economic framework is marked significantly
by globalisation and AI automation exponential expansion. Their
advancements ensure development and prosperity – which is
often not equally distributed across nations. A study showed that
U.S. citizens experienced a decrease in the medium household
income although their productivity increased, making the problem of distribution visible. Why is this digital era disbalancing the
key drivers that used to grow in union? A possible explanation is
presented in this article through variables as total factor productivity and Globalisation Index. Investment in human capital, in the
form of education, is discussed.
Keywords
education; total factor productivity; technology; Globalisation Index; economic growth; human capital
Hrčak ID:
302694
URI
Publication date:
31.3.2023.
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