Reimagining global economy in the age of artificial intelligence: A critical thematic interpretation of The Age of AI and Our Human Future

Document Type : Original article

Author

Department of West Asian Studies, Faculty of World Studies, University of Tehran, Tehran, Iran.

Abstract

Background: Artificial intelligence (AI) is transforming global economic systems, reshaping labor markets, industries, and geopolitical power structures. The Age of AI and Our Human Future by Kissinger, Schmidt, and Huttenlocher (2021) offers an influential perspective on these transformations, warranting systematic academic analysis.
Aims: This study aims to examine the major economic and societal themes emerging from The Age of AI and Our Human Future and to interpret their implications for the future of the world economy in the age of AI.
Methodology: Using Braun and Clarke’s (2006) six-phase thematic analysis, the book was analyzed as the primary qualitative data source. The theoretical framework combined the concept of Disruptive Technologies and Schumacher’s human-centered perspective to interpret how AI influences global economic and ethical structures.
Findings: Four key themes were identified: (1) Transformation of Industries, (2) Labor Market Shifts and Economic Inequality, (3) AI and Global Power Dynamics, and (4) Regulation and Ethical Frameworks. The findings show that AI drives innovation and productivity while intensifying inequality and geopolitical competition. Ethical and regulatory frameworks are essential to balance technological progress with social justice and human welfare.
Conclusion: AI’s rapid development is reshaping the world economy, necessitating interdisciplinary approaches and global cooperation. Human-centered and ethically governed AI development is vital to ensure that technological progress contributes to equitable and sustainable global prosperity.

Keywords

Main Subjects


Main Object: Humanities & Social Sciences

Agrawal, A.; Gans, J. & Goldfarb, A. (2018). “Introduction to ‘The Economics of Artificial Intelligence: An Agenda’". In The Economics of Artificial Intelligence: An Agenda (pp. 1-19). University of Chicago Press.
Binns, R. (2018). “On the ethical implications of artificial intelligence”. Journal of Ethics in Technology. 12(3): 45-59.
Braun, V. & Clarke, V. (2006). “Using thematic analysis in psychology”. Qualitative research in Psychology. 3(2): 77-101. https://doi.org/10.1191/1478088706qp063oa.
Brynjolfsson, E. & McAfee, A. (2014). The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies. WW Norton & company.
Bryson, J.; Diamantis, M. & Grant, T. (2017). “Of, for, and by the people: The legal and ethical implications of artificial intelligence”. Journal of Artificial Intelligence Research. 58(1): 79-102.
Christensen, C.M. (1997). The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail. Harvard Business Press.
Frey, C.B. & Osborne, M.A. (2017). “The future of employment: How susceptible are jobs to computerisation?”. Technological Forecasting and Social Change. 114: 254-280. https://doi.org/10.1016/j.techfore.2016.08.019.
Kissinger, H.A.; Schmidt, E. & Huttenlocher, D. (2021). The age of AI: and Our Human Future. Hachette UK.
Schumacher, E.F. (1973). Small is Beautiful: A Study of Economics as if People Mattered. Harper & Row.
West, D.M. (2018). The Future of Work: Robots, AI, and Automation. Brookings Institution Press.
Winfield, A.F.T. & Jirotka, M. (2018a). “Ethical governance is essential for building trust in autonomous systems”. In Proceedings of the 27th International Joint Conference on Artificial Intelligence (pp. 5168-5174).
Winfield, A.F.T. & Jirotka, M. (2018b). “Ethical governance of autonomous systems”. Computer Science Review. 27: 1-17.
Volume 10, Issue 2
July 2026
Pages 433-448
  • Receive Date: 27 September 2025
  • Revise Date: 12 November 2025
  • Accept Date: 16 November 2025
  • First Publish Date: 14 December 2025
  • Publish Date: 01 July 2026