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2024 | OriginalPaper | Buchkapitel

The Economics of Generative AI

verfasst von : Stanislav Ivanov

Erschienen in: Applications of Generative AI

Verlag: Springer International Publishing

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Abstract

The chapter focuses on the economic aspects of generative AI. It looks at the cost–benefit analysis of generative AI implementation in a company, delves into the automatability of tasks by generative AI, evaluates its substitution, enhancement (augmentation) and transformational effects, discusses it economic limitations and its micro-and macroeconomic implications. The analysis will be helpful to managers and owners who consider the adoption of generative AI by their organisations.

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Titel: The Economics of Generative AI
verfasst von: Stanislav Ivanov
Verlag: Springer International Publishing
Buch: Applications of Generative AI
Print ISBN: 978-3-031-46237-5

Electronic ISBN: 978-3-031-46238-2

Copyright-Jahr: 2024
DOI: https://doi.org/10.1007/978-3-031-46238-2_25

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