The Business Revolution: Economy-Wide Impacts of Artificial Intelligence and Digital Platforms

16 Pages Posted: 20 Dec 2023

See all articles by Hanna Halaburda

Hanna Halaburda

New York University (NYU) - New York University

Jeffrey Prince

Kelley School of Business, Indiana University

D. Daniel Sokol

USC Gould School of Law; USC Marshall School of Business

Feng Zhu

Harvard University - Harvard Business School

Date Written: December 16, 2023

Abstract

In this essay, we identify several themes of the digital business transformation, with a particular focus on the economy-wide impacts of artificial intelligence and digital platforms. In doing so, we highlight specific industries, beyond just the high-profile “Big Tech” firms, where the digital business revolution is having, or promises to have, significant impact. The papers in this special issue (flagged with bold font below) provide a deeper analysis of the themes and applications we touch on here.

Keywords: Business Revolution, Digital, Innovation, Transformation, Survey, Artificial Intelligence, Digital Platforms

JEL Classification: L86

Suggested Citation

Halaburda, Hanna and Prince, Jeffrey and Sokol, D. Daniel and Zhu, Feng, The Business Revolution: Economy-Wide Impacts of Artificial Intelligence and Digital Platforms (December 16, 2023). USC CLASS Research Paper No. 24-12, Available at SSRN: https://ssrn.com/abstract=4666779 or http://dx.doi.org/10.2139/ssrn.4666779

Hanna Halaburda

New York University (NYU) - New York University ( email )

Jeffrey Prince (Contact Author)

Kelley School of Business, Indiana University ( email )

1309 E. Tenth Street
Kelley School of Business
Bloomington, IN 47405
United States
8128562692 (Phone)
47405 (Fax)

HOME PAGE: http://https://kelley.iu.edu/jeffprin/

D. Daniel Sokol

USC Gould School of Law ( email )

699 Exposition Boulevard
Los Angeles, CA 90089
United States

USC Marshall School of Business ( email )

701 Exposition Blvd
Los Angeles, CA California 90089
United States

Feng Zhu

Harvard University - Harvard Business School ( email )

Soldiers Field Road
Morgan 431
Boston, MA 02163
United States

HOME PAGE: http://www.hbs.edu/faculty/Pages/profile.aspx?facId=14938

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