Honors Theses and Capstones

Date of Award

Spring 2024

Project Type

Senior Honors Thesis

College or School

PAUL

Department

Econ

Program or Major

Economics B.A

Degree Name

Bachelor of Arts

First Advisor

Marco Vincenzi

Abstract

The beginning of the Artificial Intelligence (AI) revolution marks a significant shift in technological advancements, like the Information Technology (IT) revolution of the 20th century. This paper investigates the similarities between the two revolutions, examining evidence of skilled-biased vs. routine-biased technological change (SBTC vs. RBTC) in Europe. This paper examines the impact of information technology on labor markets, productivity, and income distribution by looking at past trends & data. It draws insights from a variety of economists to forecast trends in the age of artificial intelligence.

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