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Gauging Growth: AGI’s Mathematical Metrics for Economic Progress

Author

Listed:
  • Davit Gondauri
  • Maia Noniashvili
  • Mikheil Batiashvili
  • Nino Enukidze

Abstract

Today, the economy is greatly influenced by Artificial General Intelligence (AGI). The purpose of this paper is to determine the impact of the quantitative relations of AGI on the country's economic parameters. The authors use the analysis of historical data in the research, develop a new mathematical algorithm that refers to the level of AGI development, and conduct the regression analysis. The economic effect of AGI is deduced if it affects the growth of real GDP. As a result of the analysis, it is revealed that there is a positive Pearson correlation between the growth of AGI and real GDP, that is, to increase GDP by 1%, an average increase of 12.5% of AGI is required.

Suggested Citation

  • Davit Gondauri & Maia Noniashvili & Mikheil Batiashvili & Nino Enukidze, 2024. "Gauging Growth: AGI’s Mathematical Metrics for Economic Progress," International Journal of Business and Management, Canadian Center of Science and Education, vol. 19(1), pages 1-94, February.
    • Handle: RePEc:ibn:ijbmjn:v:19:y:2024:i:1:p:94
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    References listed on IDEAS

    as
    1. Korinek, Anton & Stiglitz, Joseph, 2021. "Artificial Intelligence, Globalization, and Strategies for Economic Development," CEPR Discussion Papers 15772, Centre for Economic Policy Research.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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