Artificial Intelligence Policy Research

I conducted research on the policy impact of Artificial Intelligence and the existential risks posed by it under the informal mentorship of Professor Surbhi Goel, the Magerman Term Assistant Professor of Computer and Information Science at the University of Pennsylvania. The research and data analysis was compiled into one research paper titled The Two Faces of Progress: A Look at the Socio-Economic Challenges and Opportunities Presented by Artificial Intelligence, which was submitted to the International Journal for Research in Applied Science and Engineering Technology (IJRASET). After a long and thorough peer review process, the paper was finally published in IJRASET, later uploaded on ResearchGate too.

Paper Details

• Author: Akshat Bhaskar

• Journal: International Journal for Research in Applied Science and Engineering Technology, Vol 13(7), July 2025

• DOI: 10.22214/ijraset.2025.73146

• Availability: Full PDF is available on ResearchGate and the International Journal for Research in Applied Science and Engineering Technology (IJRASET)

• Link: ResearchGate

Abstract Summary

The paper examines the rapid progress of AI, starting from recent global developments like the Future of Life Institute’s open letter (March 2023), the Paris AI Action Summit (2025), formation of public AI foundations, and international policy discussions.

It highlights major challenges and opportunities created by AI:

Opportunities: Unprecedented technological advancements, new applications in medicine, automation, and growth in various sectors.

Challenges: Socio-economic upheaval, job displacement, ethical considerations, regulatory needs, and risks from artificial general intelligence (AGI).

The paper especially explores:

• The balance between innovation and risk management, focusing on the AGI debate (AI that could exceed human capabilities).

• The necessity for open, inclusive, and ethical development approaches.

• The tension between regulation (which some countries fear could stifle innovation) and global governance for AI safety.

• Policy suggestions to maximize societal benefits while mitigating harms from AI’s rapid deployment.

Key Themes

• Global governance and policy responses to AI.

• Socio-economic impacts: both positive (growth, efficiency) and negative (inequality, security risks).

• Ethical, regulatory, and practical aspects for governments and institutions to address as AI becomes more central to society.