New Zealand Treasury's Analytical Note examines AI's potential impacts on productivity, investment, employment, and regulation in advanced economies like New Zealand.

New Zealand Treasury's Analytical Note studies potential impacts of AI on the nation, including productivity, investment, employment and development of regulatory approaches. It suggests AI's slow diffusion, affecting higher-skilled tasks, may disproportionately impact advanced economies like New Zealand. While the net impact on jobs remains uncertain, the paper calls for further research and policy innovation to navigate this transition.

July 15, 2024
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