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AI can create new opportunities for growth from "summary" of The Economics of Artificial Intelligence by Ajay Agrawal,Joshua Gans,Avi Goldfarb
AI has the potential to open up a whole new world of opportunities for economic growth. By leveraging the power of artificial intelligence, businesses can streamline their operations, improve efficiency, and develop innovative products and services. This can lead to increased productivity, lower costs, and ultimately, higher profits. One of the key ways in which AI can drive growth is through automation. By automating repetitive or mundane tasks, businesses can free up their employees to focus on more strategic and creative work. This not only boosts productivity but also allows organizations to innovate and adapt more quickly to changing market conditions. AI can also help businesses make more informed decisions by analy...
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