The Economics of Generative AI
摘要
The chapter focuses on the economic aspects of generative AI. It looks at the cost–benefit analysis of generative AI implementation in a company, delves into the automatability of tasks by generative AI, evaluates its substitution, enhancement (augmentation) and transformational effects, discusses it economic limitations and its micro-and macroeconomic implications. The analysis will be helpful to managers and owners who consider the adoption of generative AI by their organisations.