The Role of Government in Promoting Investments and Jobs: Mediating Role of Artificial Intelligence

Abstract

In an era of rapid technological advancement, Artificial Intelligence (AI) has emerged as a transformative force reshaping economic landscapes worldwide. This study examines the critical role of governments in leveraging AI to promote investments and generate employment opportunities, focusing on the mediating influence of AI technologies in these processes. The research explores how governments can transition from traditional methods of economic management to AI-driven strategies, emphasizing the dual potential of AI to enhance policy effectiveness while addressing associated risks.

Key objectives include assessing contemporary government approaches to investment attraction and job creation, evaluating AI's impact on investment behaviours and employment dynamics, identifying challenges in integrating AI into governmental strategies, and proposing frameworks for optimizing AI's role in economic development. The study also examines the risks associated with AI, including potential job displacement and unequal access to technology, and offers strategic recommendations to mitigate these challenges.