How Long to Read Will the AI Revolution Cause a Great Divergence?

How Long Does it Take to Read Will the AI Revolution Cause a Great Divergence??

It takes the average reader and 42 minutes to read Will the AI Revolution Cause a Great Divergence? by Cristian Alonso

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes closely with labor; and the only fundamental difference between the advanced and developing country is the level of TFP. This set-up is minimalist, but the resulting conclusions are powerful: improvements in the productivity of "robots" drive divergence, as advanced countries differentially benefit from their initially higher robot intensity, driven by their endogenously higher wages and stock of complementary traditional capital. In addition, capital--if internationally mobile--is pulled "uphill", resulting in a transitional GDP decline in the developing country. In an extended model where robots substitute only for unskilled labor, the terms of trade, and hence GDP, may decline permanently for the country relatively well-endowed in unskilled labor.

How long is Will the AI Revolution Cause a Great Divergence??

Will the AI Revolution Cause a Great Divergence? by Cristian Alonso is 42 pages long, and a total of 10,584 words.

This makes it 14% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Will the AI Revolution Cause a Great Divergence? Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 57 minutes to read Will the AI Revolution Cause a Great Divergence? aloud.

What Reading Level is Will the AI Revolution Cause a Great Divergence??

Will the AI Revolution Cause a Great Divergence? is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Will the AI Revolution Cause a Great Divergence??

Will the AI Revolution Cause a Great Divergence? by Cristian Alonso is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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