Seekh Logo

AI-powered learning platform providing comprehensive practice questions, detailed explanations, and interactive study tools across multiple subjects.

Explore Subjects

Sciences
  • Astronomy
  • Biology
  • Chemistry
  • Physics
Humanities
  • Psychology
  • History
  • Philosophy

Learning Tools

  • Study Library
  • Practice Quizzes
  • Flashcards
  • Study Summaries
  • Q&A Bank
  • PDF to Quiz Converter
  • Video Summarizer
  • Smart Flashcards

Support

  • Help Center
  • Contact Us
  • Privacy Policy
  • Terms of Service
  • Pricing

© 2025 Seekh Education. All rights reserved.

Seekh Logo
HomeHomework HelpeconomicsAI and Economic Change

AI and Economic Change

Artificial Intelligence and Economic Change' refers to the integration of advanced computational systems that simulate human intelligence into various economic sectors, leading to transformative shifts in productivity, labor dynamics, and market structures. This interplay influences resource allocation, innovation, and the overall functioning of economies in response to technological advancements.

intermediate
3 hours
Economics
0 views this week
Study FlashcardsQuick Summary
0

Overview

Artificial Intelligence is transforming economies by enhancing productivity and creating new job opportunities while also posing challenges such as job displacement. As AI technologies evolve, they influence various sectors, leading to significant changes in how businesses operate and how workers en...

Quick Links

Study FlashcardsQuick SummaryPractice Questions

Key Terms

Automation
The use of technology to perform tasks without human intervention.

Example: Robots in manufacturing automate assembly lines.

Job Displacement
The loss of jobs due to technological advancements.

Example: Factory workers losing jobs to automated machines.

Economic Growth
An increase in the production of goods and services in an economy.

Example: A country experiencing growth due to increased tech investments.

Predictive Analytics
Using data, statistical algorithms, and machine learning to identify the likelihood of future outcomes.

Example: Banks using predictive analytics to assess loan risks.

AI Ethics
The field of study that examines the moral implications of AI technologies.

Example: Debates on privacy concerns with AI surveillance.

Reskilling
Training workers to learn new skills for different jobs.

Example: Workers learning coding to transition into tech roles.

Related Topics

Machine Learning
A subset of AI focused on algorithms that allow computers to learn from data.
intermediate
Digital Economy
An economy that is based on digital computing technologies.
intermediate
Future of Work
Explores how work environments and job roles are changing due to technology.
intermediate

Key Concepts

AutomationJob DisplacementEconomic GrowthData Analysis