Artificial Intelligence. Benefits, Risks and Effects on Society

Bachelor Thesis from the year 2018 in the subject Computer Science - Internet, New Technologies, , language: English, abstract: This thesis provides a framework to think about AI and how it affects and shapes the society. Finally, this thesis is structured as follows. First I will start summarizing the Theoretical and Empirical Approaches by Acemoglu and Restrepo in stating the effects of Automation on wages and employment. Afterward, I will state Cath et al.'s review of recent policymaking decisions regarding AI and how to "make a Good AI Society" by the U.S., EU and UK. Furthermore, after each section, I am going to discuss each paper respectively and supplement them with my findings. Finally, I will state further novel research which could foster implementing a society in which AI does more help than harm and conclude afterward.