The Future of AI-related Social Science

==============
To read the full text:
https://www.rieti.go.jp/en/columns/a01_0789.html
==============

Quantification is essential for objectively understanding the current situation and developing more effective strategies regarding various societal issues. Quantitative analysis of how specific factors impact people’s well-being and how business activities relate to them enables evidence-based decision-making. This allows us to deeply understand the essence of a problem and derive effective solutions, leading to more effective strategizing. Here, the latest technologies play a big role.

Experiments have shown that generative artificial intelligence technology can significantly improve productivity in moderately specialized writing tasks. In one online experiment, a ChatGPT-enabled group experienced a 40% reduction in average time spent on tasks and an 18% improvement in output quality. This suggests that AI will not only replace human work but also play an augmented role in increasing the productivity of existing workers. In particular, it is thought that AI can improve productivity by automating relatively routine and time-consuming tasks, such as translating ideas into rough drafts.

Related Articles

"Software automation and teleworkers as complements and substitutes"
Richard BALDWIN (Non-Resident Fellow, RIETI) / OKUBO Toshihiro (Faculty Fellow, RIETI)
https://www.rieti.go.jp/en/columns/v01_0210.html

"The impact of artificial intelligence on macroeconomic productivity"
MORIKAWA Masayuki (Distinguished Senior Fellow (specially appointed), RIETI)
https://www.rieti.go.jp/en/columns/v01_0218.html

"AI to Qualitatively Improve Job Offers and Applications"
TSURU Kotaro (Program Director and Faculty Fellow, RIETI)
https://www.rieti.go.jp/en/papers/contribution/tsuru/60.html

Related Papers

"The Automation Risk Index (ARI) Database for Japan. Methodological Note"
FUKAO Kyoji (Chairman, RIETI) / IKEUCHI Kenta (Senior Fellow (Policy Economist), RIETI) / NAGAYA Yoshiaki (Nomura Research Institute) / Cristiano PERUGINI (University of Perugia and IZA) / Fabrizio POMPEI (University of Perugia)
https://www.rieti.go.jp/en/publications/summary/25060017.html

"Verification of Elemental Technologies for Anomaly Detection in Crypto Asset Transactions"
IKEDA Yuichi (Kyoto University) / AOYAMA Hideaki (Faculty Fellow, RIETI) / HATSUDA Tetsuo (RIKEN) / HIDAKA Yoshimasa (Kyoto University) / SHIRAI Tomoyuki (Kyushu University) / SOUMA Wataru (Rissho University) / IYETOMI Hiroshi (Rissho University) / Abhijit CHAKRABORTY (Indian Institutes of Science Education and Research / RIKEN) / FUJIHARA Akihiro (Chiba Institute of Technology) / NAKAYAMA Yasushi (SBI Financial and Economic Research Institute Co. Ltd) / ARAI Yuta (Reitaku University) / Krongtum SANKAEWTONG (Kyoto University)
https://www.rieti.go.jp/en/publications/summary/24120018.html

"Use of Artificial Intelligence and Productivity: Evidence from firm and worker surveys"
MORIKAWA Masayuki (Distinguished Senior Fellow (specially appointed), RIETI)
https://www.rieti.go.jp/en/publications/summary/24100008.html

"Multilateral Governance for the Digital Economy and Artificial Intelligence"
Shiro ARMSTRONG (Non-Resident Fellow, RIETI) / Jacob TAYLOR (The Brookings Institution)
https://www.rieti.go.jp/en/publications/summary/24040011.html

Related Event

RIETI BBL Seminar "The Unexpected Consequences of GenAI for Globalization"
Speaker: Richard BALDWIN (Non-Resident Fellow, RIETI / Professor of International Economics, IMD Lausanne)
https://www.rieti.go.jp/en/events/bbl/24121801.html

Related Series

"Artificial Intelligence and Society: Philosophy of Fallibility"
KOBAYASHI Keiichiro (Program Director and Faculty Fellow, RIETI)
https://www.rieti.go.jp/users/kobayashi-keiichiro/serial2/

Our Latest Discussion Papers

"Understanding How Exchange Rates are Perceived and How That Perception Affects Exchange Rate Forecasts"
YOSHIDA Yushi (Shiga University)
https://www.rieti.go.jp/en/publications/summary/25080013.html

"Learning and Spillovers in Place-Based Policy Making"
KONDO Keisuke (Senior Fellow, RIETI) / OKUBO Toshihiro (Faculty Fellow, RIETI)
https://www.rieti.go.jp/en/publications/summary/25080012.html

"The Effects of School Bullying Victimization on Cognitive, Noncognitive, and Friendship Outcomes"
INOUE Atsushi (Nippon Institute for Research Advancement) / TANAKA Ryuichi (Faculty Fellow, RIETI)
https://www.rieti.go.jp/en/publications/summary/25080011.html

"Less Pressure, Happier Minds: The Mental Health Impact of Relaxation-Oriented Education"
BAI Yu (Tohoku University) / LI Yanjun (Tohoku University) / LIU Xinyan (University of Tokyo) / TANAKA Ryuichi (Faculty Fellow, RIETI)
https://www.rieti.go.jp/en/publications/summary/25080010.html

"An Analysis of the Ordinal Rank Effect on Students’ Academic and Physical Outcomes"
BESSHO Shun-ichiro (Waseda University) / TANAKA Ryuichi (Faculty Fellow, RIETI) / NOGUCHI Haruko (Waseda University) / KAWAMURA Akira (Waseda University) / OIKAWA Masato (Waseda University)
https://www.rieti.go.jp/en/publications/summary/25080009.html

"The Impact of the COVID-19 Pandemic on Business Performance in the Japanese Leisure Industry"
KONDO Keisuke (Senior Fellow, RIETI) / OKUBO Toshihiro (Faculty Fellow, RIETI)
https://www.rieti.go.jp/en/publications/summary/25080008.html

"Assessing the Impact of Human Mobility on Retail Performance during the COVID-19 Outbreak in Japan"
IWATA Shinichiro (Kanagawa University) / KONDO Keisuke (Senior Fellow, RIETI)
https://www.rieti.go.jp/en/publications/summary/25080007.html

List of Discussion Papers:
https://www.rieti.go.jp/en/publications/act_dp.html
List of Upcoming and Past Symposiums:
https://www.rieti.go.jp/en/events/symposium.html
List of Upcoming and Past BBL Seminars:
https://www.rieti.go.jp/en/events/bbl/

* To subscribe, please go to SHANON's website.
Subscribe