Julia Jabłońska, studentka SGH prelegentką nadchodzącego Warsaw Economic Seminar

Zapraszamy na kolejne spotkanie w ramach cyklu seminaryjnego Warsaw Economic Seminars, 29 maja br. (w czwartek). Swoje badanie „Elasticity of Substitution Between Digital Software and Human Cognitive Work” zaprezentuje studentka Głównej Szkoły Handlowej – Julia Jabłońska.

Seminarium rozpocznie się o godz. 17:00 w sali A203 (WNE). Dołączyć można również online, za pośrednictwem platformy Zoom.

Link do spotkania: https://uw-edu-pl.zoom.us/j/93278126659?pwd=HAlBLR5bz9uqFroMDWLPnPF02vgqWi.1

[Identyfikator spotkania: 932 7812 6659
Kod dostępu: 014067]

Poniżej prezentujemy abstrakt wystąpienia – zachęcamy do zapoznania się.

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We document the mechanisms of economic growth in the era of rapidly advancing automation and artificial intelligence (AI), employing a “hardware–software” framework. This framework posits that production requires both energy and information, supplied respectively by hardware — including physical labor, capital, and computational power — and software, comprising human cognitive labor and digital algorithms, particularly AI. We analyze two alternative datasets to trace the dynamic expansion of software, using data for the United States (1968–2019) and for a panel of 21 advanced economies (2000–2019). Our findings show that software—both in the form of human cognitive work and digital machines—has significantly outpaced its hardware counterpart in terms of growth. We further apply a five-equation system, incorporating a nested CES production function and first-order conditions for factor demands, to estimate the elasticities of substitution between human analytical input and digital software. While estimates vary across countries, our results consistently indicate that human cognitive work and digital software are gross complements in production.