What are the main risks of AI in the economy?
The main risks include job displacement, economic inequality, and potential market monopolies.
How does AI lead to job displacement?
AI can automate tasks traditionally done by humans, leading to reduced demand for certain jobs.
What can be done to mitigate these risks?
Policies like retraining programs, universal basic income, and regulations on AI deployment can help mitigate risks.
Are there any positive economic impacts of AI?
Yes, AI can increase productivity, create new job categories, and drive innovation in various sectors.
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