ARTIFICIAL INTELLIGENCE AND DIGITALISATION
Interview with Marietje Schaake, international policy director, Stanford University Cyber Policy Center
The bottom line of ambitious rules
How much have recently introduced digital technologies improved productivity? No clear answer applies universally. The Organisation for Economic Co-operation and Development, for example, speaks of a ‘productivity paradox’ that shows that over the past decades, during which we saw widespread digitalisation, there was also the ‘protracted slowdown of aggregate productivity growth, contrary to all expectations’. Additionally, digitalisation is leading to the concentration of access to resources such as capital, data, microchips and computing power. This makes competition from smaller companies challenging, as it is in the space of artificial intelligence. The growth of large tech companies often does not translate into job creation but rather into capital concentration. All in all, it amounts to a broad concentration of power over digital technologies in the hands of private companies, which hurts the public interest and the agency of democratic governments. How much impact will AI have? According to the International Monetary Fund’s ‘Gen-AI: Artificial Intelligence and the Future of Work’, AI will have significant impacts on jobs worldwide. Some of the anticipated effects are surprising: the most developed economies are also set to experience the most job losses. The IMF foresees that 40% of jobs in Global rules are urgently needed to ensure global artificial intelligence governance is anchored in international law, and studied – and implemented – through a truly global lens
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G7 ITALY: THE APULIA SUMMIT — 2024
globalgovernanceproject.org
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