The Role of Artificial Intelligence in Macroeconomics

Abstract

Artificial Intelligence (AI) has become an integral part of many aspects of our lives, including macroeconomics. The use of AI in macroeconomics has significantly evolved over the years, with key figures playing a crucial role in shaping its development and impact on the global economy. Artificial intelligence (AI) has emerged as a transformative force across various industries, and its impact on macroeconomics is profound. As AI technologies continue to advance and evolve, they are increasingly being integrated into economic models, banks, taxation systems, interest rate predictions, and even human resource management. AI algorithms can process vast amounts of data much faster and more accurately than humans, allowing economists to analyze complex economic trends and patterns. This can help make predictions about future economic conditions and data-driven decisions. This article explores the role of artificial intelligence in these key areas of macroeconomics and its implications for the global economy. In this article, we will explore the historical context of AI in macroeconomics, discuss the key figures who have contributed to the field, analyze its role's positive and negative aspects, and consider potential future developments.

Keywords: Artificial Intelligence, Banking, Human Resources, Macroeconomics

JEL Classification: E12, E7, F49, Q33, G21