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Chinese Journal of Management Science ›› 2025, Vol. 33 ›› Issue (3): 93-106.doi: 10.16381/j.cnki.issn1003-207x.2022.0625

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Artificial Intelligence, Household Consumption and Economic Singularity: Based on the Perspective of Optimizing Redistribution Policy

Wei Ge, Han Xiao()   

  1. School of Politics and International Relations,Lanzhou University,Lanzhou 730000,China
  • Received:2022-03-28 Revised:2022-06-08 Online:2025-03-25 Published:2025-04-07
  • Contact: Han Xiao E-mail:xiaohan7343@163.com

Abstract:

Common prosperity requires long-term and stable economic development to support, and artificial intelligence can create more wealth on the basis of the original means of production, and promote the economy to reach a singularity state to consolidate the material foundation for common prosperity. However, artificial intelligence will also lead to social problems such as unemployment and income inequality, and even impact residents' consumption and affect the steady economic growth. Therefore, it is necessary to explore the complex effects between artificial intelligence and household consumption and the economic singularity, as well as the moderating effect of redistribution policies on the realization of the economic singularity. In this paper, a complex nonlinear production function containing the development degree of artificial intelligence is used to construct a dynamic general equilibrium model containing artificial intelligence and redistribution policy, and numerical simulation experiments are used to study the impact of artificial intelligence on economic singularity and the effect of redistribution policy. The research results show that: (1) Without artificial intelligence, as my country's capital accumulation leads to a decline in the efficiency of the marginal product of capital, and the aging of the workforce reduces the number of laborers, economic development will fall into a continuous downturn, and it will be difficult to reach an economic singularity. (2) Artificial intelligence will enable my country's economy to reach a singularity state before 2070, and the earlier the artificial intelligence technology matures, the earlier the time node will reach the economic singularity. (3) Artificial intelligence promotes the early realization of the economic singularity by improving the intelligence and automation in the production process and the consumption of residents. (4) The redistribution policy will delay the arrival of the economic singularity, and for every 4% increase in the new tax rate, the investment rate will drop by about 2%, but the earlier the AI technology matures, the stronger the hedge against this adverse impact. In view of this, my country should vigorously develop "new infrastructure" to comprehensively promote the progress of artificial intelligence technology, optimize the redistribution policy system, increase the effective consumption of residents, and enhance the government’s comprehensive governance capabilities to achieve the goal of common prosperity.

Key words: artificial intelligence, housing consumption, economic singularity, common prosperity, redistributive policy

CLC Number: