The Macroeconomics of Artificial Intelligence Quiz

What is the main focus of the article 'The Macroeconomics of Artificial Intelligence'?

• The cultural implications of AI

• The technical aspects of AI

• The history of AI development

• The impact of AI on macroeconomic areas

Which area is NOT mentioned as being affected by AI in the article?

• Culture

• National security

• Politics

• Healthcare

What is the first 'fork in the road' discussed in the article?

• Technological advancement

• Productivity growth

• Industrial concentration

• Income inequality

What is a potential negative outcome of AI on productivity growth?

• AI adoption is slow and limited to large firms

• AI leads to a decrease in industrial concentration

• AI boosts productivity in all sectors

• AI creates new job opportunities

What is a potential positive outcome of AI on productivity growth?

• AI is banned in all countries

• AI leads to mass unemployment

• AI complements workers and boosts productivity

• AI replaces all human jobs

What is the second 'fork in the road' discussed in the article?

• Industrial concentration

• Income inequality

• Environmental impact

• Technological advancement

How might AI lead to higher income inequality?

• By creating more high-paying jobs

• By substituting for human labor and driving down wages

• By reducing the need for low-paying service jobs

• By increasing the number of middle-income jobs

How might AI lead to lower income inequality?

• By reducing the number of available jobs

• By helping less experienced workers improve their skills

• By increasing the cost of living

• By making all jobs obsolete

What is the third 'fork in the road' discussed in the article?

• Income inequality

• Industrial concentration

• Technological advancement

• Environmental impact

What might cause higher industrial concentration due to AI?

• AI reducing the need for large datasets

• AI being accessible to all firms equally

• AI being banned in all countries

• Only large firms can afford AI development costs