The rapid development of artificial intelligence could transform the global economy, according to Lurer. Experts warn of potential severe shocks in the labor market. Citing industry specialists, Bloomberg also highlights possible challenges for tax systems.
According to experts, the primary threat is the replacement of humans by machines, which particularly poses a risk to office workers. States could face a decline in tax revenues, while expenditures on unemployment benefits and retraining programs are expected to rise.
This situation is reminiscent of the "Engels' pause," a period during the Industrial Revolution when productivity grew while wages remained stagnant. Former Swedish Finance Minister Anders Borg warns that artificial intelligence will lead to increased productivity but may cause social tension if governments fail to adapt to these changes.
At the same time, concern regarding the impact of AI is growing in Russia, according to data from SuperJob. A year ago, 55 percent of those surveyed were not afraid of the technology, but that figure has now dropped to 49 percent.
