AI Regulation and Firm Behaviour

Yong Suk Lee, Benjamin Cedric Larsen, Michael Webb, Mariano-Florentino Cuéllar

Research output: Other contributionNet publication - Internet publicationCommunication

Abstract

As artificial intelligence becomes more widespread and its performance improves, it will likely have significant long-term consequences for jobs, inequality, organisations, and competition. Regulation may be used to address its risks and possibilities, but little is known about how AI-related regulation might affect firm behaviour. This column examines the impact of actual and potential AI regulations on business managers through a randomised online survey experiment. It finds that exposure to information about regulation decreases managers’ reported intent to adopt AI technologies in their firm’s business processes.
Original languageEnglish
Publication date14 Dec 2019
Place of PublicationLondon
PublisherCentre for Economic Policy Research
Publication statusPublished - 14 Dec 2019

Keywords

  • AI
  • Artificial intelligence
  • Regulation
  • US
  • Firms
  • Technology
  • Firm behaviour
  • Firm performance

Cite this