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Abstract: Artificial Intelligence creates more wealth based on the original means of production and causes social problems such as unemployment and income inequality to impact household consumption and affect the steady economic growth. It is necessary to explore the mediation role of redistribution policies. In this paper, by constructing a dynamic general equilibrium model with Artificial Intelligence and redistribution policies, it studies the influence of Artificial Intelligence on economic singularities and the mediation effect of redistribution policies. The research results show that: (1) Without Artificial Intelligence, as China’s capital accumulation leads to a decline in the efficiency of the marginal output of capital, and aging 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 has brought China’s economy to a singularity state before 2070, and the earlier Artificial Intelligence technology matures, the earlier the time node will reach the economic singularity. (3) Artificial Intelligence significantly improves the efficiency of capital marginal output by improving the intelligence and automation of the production process, reduces the capital output ratio, increases the social consumption rate, and promotes the early realization of the economic singularity. (4) The “reduce expenditure” redistribution policy can bring the economic singularity about 5 years ahead of schedule, and the investment rate will increase by about 2%. The “open source” redistribution policy will delay the arrival of the economic singularity, and the new tax rate will increase investment by 10%. The rate dropped by about 2%, but the earlier the Artificial Intelligence technology matures, the stronger the hedging effect on this adverse effect. In view of this, China 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
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