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    HomeNewsOpinionAdam Smith and the distortionary impact of Artificial Intelligence

    Adam Smith and the distortionary impact of Artificial Intelligence

    IMF Deputy MD Gita Gopinath has pointed out how AI will upend the seminal work of Adam Smith and completely change labour markets and the economy

    Vivek Y Kelkar
    June 12, 2023 / 08:50 IST
    With self-learning AI and progressive task displacement, value itself in the traditional sense becomes misleading as human labour becomes irrelevant.
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