The Nonlinear Impact of Artificial Intelligence on Enterprise Income Distribution:A Test Based on Listed Company Data from 2007 to 2022
The new technological changes brought about by artificial intelligence have led to changes in the distribution pattern of enterprise income.Based on the data of A-share listed companies in Shanghai and Shenzhen from 2007 to 2022,this study uses text analysis method to scientifically calculate artificial intelligence technology and applications,and analyzes the impact of artificial intelligence on the income distribution between enterprise profits and wages.Research has found that the impact of artificial intelligence technology and applications on the distribution of enterprise profits and wage income shows a U-shaped pattern,that is,in the early stages of the development of artificial intelligence technology and applications,the ratio of profits to wages continuously decreases,and the gap gradually narrows;But when artificial intelligence technology and applications exceed the threshold,profits continue to devour wages,leading to a gradual widening gap between profits and wages.This conclusion still holds after undergoing a series of robustness tests such as replacing the dependent variable,time period testing,and removing samples from municipalities directly under the central government.Mechanism analysis reveals that artificial intelligence technology and applications can indirectly affect the distribution of profits and wages among enterprises through employment scale effects,employment structure effects,and productivity effects.Further research has found that financial flexibility can positively regulate the U-shaped relationship between artificial intelligence and income distribution between profits and wages.For enterprises with higher financial flexibility,the U-shaped relationship between artificial intelligence technology and applications and internal distribution effects is more obvious,indicating that the impact of artificial intelligence technology and applications on the distribution effect of enterprises with higher financial flexibility is relatively greater.This article provides important policy recommendations for increasing employee wages and suppressing the widening capital and labor gap between enterprises in the context of accelerated development of artificial intelligence.
artificial intelligence technologyartificial intelligence applicationsprofits and wagesincome distribution
国家科技期刊平台
NSTL
万方数据
