Research On The Income Distribution Effect Of The Artificial Intelligence Development

China is in a new era of gradually realizing common prosperity for everyone currently,optimizing factor income distribution has become a problem that must be faced in economic growth.As an important part of the income distribution,labor income plays a major role in the income gap.However,with the continuous and rapid growth of China’s economy,China is facing two problems: the low labor income share and the continuous widening of the skill wage gap.At the same time,as the pioneer of a new generation of technological revolution,artificial intelligence is booming around the world.Due to the process of technological revolution driving economic growth is always biased,all social sectors are caring whether artificial intelligence will replace labor and further influence income distribution.This paper uses the dynamic general equilibrium analysis framework to conduct theoretical deductions and numerical simulations on the influence mechanism and effects of artificial intelligence development on factor income distribution.First,this article studies the impact of artificial intelligence development on the labor income share.The impact of artificial intelligence development on labor is summarized into two forms: "automation" to realize the replacement of capital to labor and "new tasks" to create new jobs,by expanding the task model(Acemoglu & Restrepo,2018a)to describe,the study found that: automation and new tasks will increase wages and labor productivity,but automation reduces the labor’s task set,making the growth rate of wage smaller than the growth rate of labor productivity,and then reduces the labor income share.New tasks can offset this negative impact,and the faster the new task,the more obvious the offset effect.Then,this paper studies the impact of artificial intelligence development on the skill premium.On the basis of the previous,consider the labor’s skill heterogeneity furtherly,and abandon the single production department setting,the study found that: artificial intelligence development enables production tasks to be redistributed and induces the factors to move between sectors,with the direction depending on the relative speed of the relative speed between the new task and automation combined with the substitution elasticity of different sector products.Compared with the situation of only capital deepening,artificial intelligence development has further widened the skill premium.This paper studies the mechanism and effects of artificial intelligence development affecting the labor income share and skill premium,and provides a theoretical reference for understanding the influence of artificial intelligence technology on the factor income distribution correctly.