Deciphering the AI Economy: A Mathematical Model Perspective
By: Davit Gondauri
Potential Business Impact:
AI growth boosts country's money.
The economy in the modern world is greatly influenced by artificial intelligence (AI). This paper aims to determine the impact of AI quantitative relationships on the country's economic parameters, including GDP per Capita. Historical data analysis is used in the research. A new mathematical algorithm for the magnitude of a technological level and AI factors vector has been developed. The study calculated the economic effect of AI on GDP per Capita. As a result of the analysis, it was revealed that there is a positive Pearson correlation between growth. On AI and GDP per Capita, that is, to increase GDP per Capita by 1%, an average increase of 23.9% in AI is required.
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