Artificial Intelligence: Friend or Foe

A series of reports examining the potential impact Artificial Intelligence will have on the Irish economy and labour market.

The series, Artificial Intelligence: Friend or Foe, consists of three reports:

Artificial Intelligence: Friend or Foe? Summary and Public Policy Considerations provides a high-level summary of the research undertaken, and identifies several policy questions that will require considered, evidence-based responses so that Ireland can fully avail of the benefits offered by AI, while also mitigating the negative aspects.

Artificial Intelligence: Friend or Foe? A Review of How AI Could Impact Ireland’s Economy includes a literature review on the potential macroeconomic impacts of AI adoption, summarising some of the channels through which the mainstreaming of AI into the production process could impact on the economy.

Artificial Intelligence: Friend or Foe? An Analysis of How AI Could Impact Ireland’s Labour Market assesses the potential impact of AI on the Irish labour market, utilising methodologies developed by the IMF to create a complementarity-adjusted AI occupational exposure index for Ireland. The index is used to identify the occupations in Ireland that are most exposed to AI, and the extent to which AI is a substitute or complement for labour in those occupations.

Presentation by Chief Economist John McCarthy