Macroeconomic Implications of Artificial Intelligence
Nygaard, Vegard M., Welburn, Jonathan W., Nergui, Anujin · RAND Corporation eBooks · 2025
Increasing integration of AI into the economy presents both challenges and opportunities. The authors explore AI's dual effects — potential for productivity growth and risks of labor displacement. AI adoption could boost productivity, raise incomes, and reduce federal debt; data center construction may create jobs. Early evidence suggests AI is complementing labor productivity, but there is risk of future labor displacement as capabilities advance.