Artificial Intelligence Applications and Global Economic Performance: An Empirical Investigation

The main objective of this study is to investigate the association between Artificial Intelligence (AI) and global economic performance. The study specifically evaluated the relationship between the Global Total Corporate Artificial Intelligence Investment (GTCAII), as proxy for AI, and the proxies of global economic performance, namely; World’s Gross Domestic Product Growth Rate (WGDPGR), World Inflation Rate (WInR), World Unemployment Rate (WUnR) and World Manufacturing Output (WMO). Data were sourced from World Bank publications and Mamcrotrends for periods of ۲۰۱۳-۲۰۲۲; Descriptive statistics alongside ordinary least square regression analysis were employed to analyze the data collected. Findings from the analysis revealed that within the period covered in the study, GTCAII showed negative but insignificant relationship with WGDPGR and WInR; positive but insignificant association with WUnR and WMO. The study thus concluded that the application of AI in the global productive and other economic activities so far, has not shown any indication of significant effect on global economic performance. The implication of the findings is that so far, the total corporate investments in artificial intelligence equipment have not significantly spurred economic performance across world economies, in terms of gross domestic product growth rate, inflation rate, unemployment rate and manufacturing outputs.

کلیدواژه ها:

Artificial Intelligent application ، GDP Growth Rate ، inflation rate ، Unemployment Rate ، World Manufacturing Output