1、The Economic Impacts and the Regulation of AI:A Review of the Academic Literature and Policy Actions Mariarosaria Comunale,Andrea ManeraWP/24/65 IMF Working Papers describe research in progress by the author(s)and are published to elicit comments and to encourage debate.The views expressed in IMF Wo

2、rking Papers are those of the author(s)and do not necessarily represent the views of the IMF,its Executive Board,or IMF management.2024 MAR 2024 International Monetary Fund WP/24/65IMF Working Paper Research Department The Economic Impacts and the Regulation of AI:A Review of the Academic Literature

3、 and Policy Actions.Prepared by Mariarosaria Comunale and Andrea Manera Authorized for distribution by Chris Papageorgiou March 2024 IMF Working Papers describe research in progress by the author(s)and are published to elicit comments and to encourage debate.The views expressed in IMF Working Papers

4、 are those of the author(s)and do not necessarily represent the views of the IMF,its Executive Board,or IMF management.ABSTRACT:We review the literature on the effects of Artificial Intelligence(AI)adoption and the ongoing regulatory efforts concerning this technology.Economic research encompasses g

5、rowth,employment,productivity,and income inequality effects,while regulation covers market competition,data privacy,copyright,national security,ethics concerns,and financial stability.We find that:(i)theoretical research agrees that AI will affect most occupations and transform growth,but empirical

6、findings are inconclusive on employment and productivity effects;(ii)regulation has focused primarily on topics not explored by the academic literature;(iii)across countries,regulations differ widely in scope and approaches and face difficult trade-offs.RECOMMENDED CITATION:Mariarosaria Comunale,and