Abstract
In the present day of artificial intelligence and technology’s boom during the recovery stages of the pandemic, there has been a significant impact on our economy. The decision-making biases of those affected by the COVID-19 epidemic have changed due to an increased reliance on e-commerce sites and technology in general. Additionally, the socioeconomic statuses of individuals have been affected by the pandemic, and this has been a big factor in the mental well-being of these people. Studies on both the correlation between consumer behavior and online shopping as well as the relationship between an individual's mental health and their income level have been analyzed and presented by this paper. This publication will also look into the implications and limitations of technology’s impact on the economy, considering the effects of the pandemic.
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