AI Regulation and Firm Behaviour

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

Research output: Other contributionNet publication - Internet publicationResearch

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 date16 Jan 2020
Place of PublicationTokyo
PublisherRIETI
Publication statusPublished - 16 Jan 2020
SeriesPerspectives from Around the World
Number146

Cite this

Lee, Y. S., Larsen, B. C., Webb, M., & Cuéllar, M-F. (2020, Jan 16). AI Regulation and Firm Behaviour. Tokyo: RIETI. Perspectives from Around the World, No. 146
Lee, Yong Suk ; Larsen, Benjamin Cedric ; Webb, Michael ; Cuéllar, Mariano-Florentino. / AI Regulation and Firm Behaviour. 2020. Tokyo : RIETI. (Perspectives from Around the World; No. 146).
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Lee, YS, Larsen, BC, Webb, M & Cuéllar, M-F 2020, AI Regulation and Firm Behaviour. RIETI, Tokyo.

AI Regulation and Firm Behaviour. / Lee, Yong Suk; Larsen, Benjamin Cedric ; Webb, Michael; Cuéllar, Mariano-Florentino.

Tokyo : RIETI. 2020, Article. (Perspectives from Around the World; No. 146).

Research output: Other contributionNet publication - Internet publicationResearch

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AU - Lee, Yong Suk

AU - Larsen, Benjamin Cedric

AU - Webb, Michael

AU - Cuéllar, Mariano-Florentino

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N2 - 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.

AB - 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.

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Lee YS, Larsen BC, Webb M, Cuéllar M-F. AI Regulation and Firm Behaviour. 2020.