Abstract

The paper explores whether Artificial Intelligence (AI) exacerbates income inequality. It examines the impact of AI on economic disparities, especially between small business and large companies, and discusses how it can contribute to the displacement of workers. The study also utilizes historical instances to understand the parallels between past technological disruptions and the current AI revolution. Additionally, a research setting is designed to substantiate the analysis. To mitigate income inequality, this paper proposes improving the average educational level as a potential solution.

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