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Book Artificial Intelligence Brings Macro And Micro Economy Benefits

Download or read book Artificial Intelligence Brings Macro And Micro Economy Benefits written by Johnny Ch Lok and published by . This book was released on 2019-12-19 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: How (AI) brings macro and micro economy benefits to impact our future social development ? Artificial Intelligence, as we see it, is a collection of multiple technologies that enable machines to sense, comprehend and act-and learn, either on their own or to augment human activities. Compelling data reveal a discouraging truth about growth today. It is one kind technological manufacturing industry and service industry and product sale business to bring our future economy growth. There has been a marked decline in the ability of traditional levers of production-capital investment and labor-to propel economic growth. The numbers tell only part of the story. Artificial intelligence (AI) is a new factor of production and has the potential to introduce new sources of growth, changing how work is done and reinforcing the role of people to drive growth in business. Accenture research on the impact of AI in 12 developed economies reveals that AI could double annual economic growth rates in 2035 by changing the nature of work and creating a new relationship between man and machine. The impact of AI technologies on business is projected to increase labor productivity by up to 40 percent and enable people to make more efficient use of their time. Concerning (AI) and economic growth relationship, I shall indicate these questions as below: 1.If A.I. increases automation in the production of goods and services, how will it impact economic growth?2. Can we reconcile the advent of A.I. with the observed constancy in growth rates andcapitalshareovermostofthe20th century? Should we expect such constancy to persist in the 21st century?3.Do these answers change when A.I. and automation apply to the production of new ideas?4.Can A.I. drive massive increases in growth rates, or even a singularity, as some observers predict? Under what conditions, and are these conditions plausible?In thinking about these questions, we develop two main themes. First, we model A.I. as the latest form in a process of automation that has been ongoing for at least 200 years. From the steam engine to electricity to computer chips, the automation of aspects of production has been a key feature of economic growth since the Industrial Revolution.

Book Robots How Bring

    Book Details:
  • Author : John Lok
  • Publisher :
  • Release : 2022-01-12
  • ISBN :
  • Pages : 168 pages

Download or read book Robots How Bring written by John Lok and published by . This book was released on 2022-01-12 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does (AI) bring micro and macro economy benefits to our future society, when it is continued to develop? Predicting AI future 10 years three stage.In the first (AI) stage, it concerns to be given my opinions to explain how artificial intelligent technology will impact our life and will influence economic development in the future as well as how to influence human job market change. In (AI) labor market stage, I shall indicate how artificial intelligence technology influences future macro global economy change. In part two, explaining how (AI) can be applied to predict travellers' entertainment choice behaviors. In third part aims to let readers to analyse whether future (AI) artificial intelligent machine can assist humans to learn how to reduce food waste or food loss to consumers' food habits or manufacturers' manufacturing processed in order to avoid the actual food or energy shortage challenges are caused from human's food or energy consumption negligent behaviours. Consequently, I hope my readers can make judgement whether future (AI) artificial intelligence can help human to reduce or avoid environmental pollution or food/ energy waste challenges to cause social cost to be raised to influence human future living quality to be poor.

Book Robotic Invention Brings What Macro and Micro Economy Benefits

Download or read book Robotic Invention Brings What Macro and Micro Economy Benefits written by Johnny Ch LOK and published by . This book was released on 2020-11-03 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: 3Artificia intelligent future education market developmentArtificial intelligent robots inventionnegative impactsIndeed, artificial intelligence, computing can learn to something that effectively reasons, thinks, if (AI) learns more powerful and valuable complement to human capabilities; improving medical diaguoses, weather prediction, supply-chain management, transportation and even personal choices about where to go on vacation or what to buy, how to learn teaching any subjects knowledge to assist school teachers to teach students, e.g. accounting, law, architecture, language etc. subjects knowledge It can bring benefits to human it (AI) robots can learn teacher's any subjects to teach students or skillful knowledge, e.g. driving, taking care old people at home, manufacturing vehicles in factories. Otherwise, if (AI) robots learn how to be applied to be weapons to attack enemy. It will bring harm to human's life safety. As a result, technology can assist human's development when it can be applied to do meaning jobs, but it can also damage human's development when it can be applied to do harmful human's behaviour, e.g. attacking enemy to cause robot technological war. Consequently, the negactive impact will be depending on how humans teach (AI) robots to learn when some humans intends to teach (AI) robots to attack enemy. Thus, scientists need to know to educate (AI) robots to learn positive knowledge to attribute to us to raise our standard of living, if it is a tool in the service of humans, making our lives better. Otherwise, who ought not educate (AI) robots to learn negative knowledge to attribute to influence our's life safety when they are applied to attack enemies.However, some scientists believe (AI) robots will have negative impact to influence our economy and society. Such as (AI) robots will destroy most jobs, it will make humans foolish, due to humans depend on (AI) robots to assist us to do any jobs; it will destroy people's privacy and it will enable bias and abuse and it will eventally exterminate humanity. Hence, when time comes to develop computers really think, intelligence is the same things as consciousness, the brain is a computer. Then, scientists must have responsibilities to concern how to teach (AI) robots to learn useful or attributable human's knowledge, not harmful human's knowledge to avoid future invented (AI) robots are taught to learn how to attack ourselves.2.12.4Future AI tutoring system potentialdevelopment marketHumans can learn (AI) robots how to educate our next generation after it has be taught any knowledge from human. Thus, it brings this question: How can human teach new knowledge to (AI) robots to learn successfully? I shall indicate some scientists' evidences to explain that it is possible (AI) robots had abilities to learn human's mind, judgement and analytical abilities, reading, writing, speaking abilities in future one day absolutely. I shall indicate what is intelligent tutoring systems (ITS) example as below:When are computer-based tutors which act as a supplement to human teachers. The major advantage of an (ITS) is, it can provide personalized instructions to students according to their cognitive abilities. In this scenario, an intelligent tutoring system can be quite relevant to solve unavailability of skilled teachers challenges. Such as India has many students who demend teachers to learn to them, but India is facing skilled teachers shortage challenge. (ITS) are computer-based tutors, which act as a supplement to human teachers. An intelligent tutoring system is educational software containing an artificial intelligence component. The software tracks students work, tailoring feedback and hints along the way. By contenting information on a particular student's performance, the software can make interences about strengths and weaknesses, and can suggest addition work.

Book Artificial Intelligence Brings Positive and Negative Impacts to Our Social

Download or read book Artificial Intelligence Brings Positive and Negative Impacts to Our Social written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-03-08 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoHow robot (AI) brings positive impact on socio/economic/cultural benefits to influence our lifeOn socio/economic/cultural micro economic beneficial aspect, artificial intelligent (AI) technology or robot will be one technological tool to impact our future life. Such as saving our lives time to online shopping predictions and raising crop productivity. That is not an exaggeration. AI can already help doctors to identify cancers and other diseases, thereby prolonging human life. In the future, it could be used to predict and locate earthquakes, businesses can apply it to detect transactions fraud.On macro economic beneficial aspect, (AI) stands to benefit society as a whole, across all sectors. For example, going about their everyday lives as much as for business. That also applied to government and public administrations. It identifies some main areas where (AI) can help in health, education and judiciary systems. In public employment and security aspects, for example, (AI) technologies can sense both people and business to raise the efficiency of public services as well as user satisfaction.Also, much of what (AI) can achieve public administration promotion of e-government and digitized public service as part of building the digital single market benefits, such as: saving time and public money, providing better public services, joining them up across borders, raising efficiency and improving transparency, bringing people closed to their governments; involving them more in decision making.On cultural influential aspect, (AI) will bring human a new common culture for the innovation of public services. Artificial intelligence will redesign own lives. Our daily lives of human beings, citizens, whereas parents and children are changing before everyone's life attitude. Indeed, we can be sure that our customs will soon be reshaped consequently social changes that requires an individual and collective reflection and in some cases. (AI) technologies in the public sector is the definition of shared opinions to solve all the challenges that we will face in societies.It brings this question: Why does public administration need (AI) tool assist? Due to (AI) can assist public administration to improve services to citizen and businesses, thus giving a decisive impulse to innovation, the proper functioning of the economy and more generally to progress in daily life.For example, today artificial intelligent robots can drive our vehicles, take care of elderly or sick people, perform dangerous jobs and help us make informed decisions based on the rational management of large amount of data. Also, it can enable us to communicate in languages. We don't know, help us study and increase the cultural or entertainment experiences at our disposal. In the public administration influential aspect, it can be used profitably in the healthcare, education, and judiciary system, public employment, security and more generally in the management of relations with citizens, which can be simplified and at the same time be more effective, quick and efficient.How can be (AI) anticipated to attribute its ability to assist public administration service innovation? Such as the use of chat bots to answer citizens' questions, help them to find information, they need and cut through layers of bureaucracy or the use of robots to take care of the sick, algorithms that need the results of medical exams, those that help students improve their performance. Moreover, attention's given to monitor and manage careers, those for the surveillance of public places to the recognition of network threats, tools for the rational management of problems generated by natural disasters and many others. In order to successfully implement these technologies. It is necessary to evaluate the different challenges that must be faced to integrate (AI) in a profitable way.

Book Artificial Intelligence Brings Positive Or Negative Impaction To  Influence Human Job Change

Download or read book Artificial Intelligence Brings Positive Or Negative Impaction To Influence Human Job Change written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-20 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter Two Future works change: Automation, employment and productivity2.1How (AI) influences employment Human future " micro to macro" industry trends will be affected business strategy and public policy by (AI) technology. In the future (AI) technology will influence those six themes: productivity and growth, natural resources, labor markets, the evolution of global financial markets, the economic impact of technology and innovation and urbanization. However, (AI) technology will bring economic benefits of tackling gender inequality, a new global competition, Chinese innovation and digital globalization.Nowadays, advances in robotics artificial intelligence, and machine learning are in a new age of automation, as machines match or outperform human performance in a development to any countries. For example, automation of activities can enable businesses to improve performance by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. For example, some research indicated automation could raise productivity growth globally by 0.8 to 1.4 % annually; more than 2,000 work activities across 800 occupations. When less than 5% of all occupations can be automated using demonstrated technologies about 60% of all occupations have at least 30% of constituent activities that could be automated. Many occupations will change that will be automated away: Activities most susceptible to automation involve physical activities, in highly structured and predictable environments, as well as the collection and processing of data. They are most prevalent in manufacturing, accommodation and food service and retail trade and include some middle-skill jobs. For example, such as natural language processing is a key factor. Beyond technical feasibility, the cost of technology competition with labor including skills and supply and demand dynamics, performance benefits including and beyond labor cost savings, and social and regulatory acceptance will be affected by (AI) automation technology. Thus, (AI) automation will impact to influence global employment in those aspects as below: Firstly, assuming that people are displaced by automation will find other employment. The anticipated shift in the activities in the labor force is of a similar order as the long-term shift away from agriculture and decreases in manufacturing share of employment. Both of manufacturing and agriculture industries which would be accompanied by the creation of new types of work not foreseen at the time.Secondly, for business, the performance benefits of automation are relatively clear. Thus, the businessmen have opportunities for their micro economies to benefits from the productivity growth potential and macro economies to benefit to encourage continued progress and innovation, investment and market incentives. At the same time, employers must innovate policies to help workers and institutions adapt to the impact on employment.

Book Powering the Digital Economy  Opportunities and Risks of Artificial Intelligence in Finance

Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Book The Economics of Artificial Intelligence

Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2024-03-05 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Book Artificial Intelligence Brings What Economy Benefits

Download or read book Artificial Intelligence Brings What Economy Benefits written by Johnny Ch Lok and published by . This book was released on 2019-12-25 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can (AI) technology influence the economic development to developing countries? The developing regions of the world contain most of natural resources. If one day, (AI) technology has invent one kind of machine man which can assist any gas or oil workers to seek any new oil/gas natural resource locations easily. I believe that (AI) technology can help these natural resource exploitation countries will gain economic benefit more easily. So, (AI) driven technology can be used to change to create any new opportunities to address poor management or resources and improve human well being, such as Africa Latin America and India can use (AI) technology machine man to seek any oil/gas natural resource countries exploitation activities to attempt to gain much economic benefits.⦁Why will (AI) technology grow economicdevelopment? Nowadays, increases in capital and labor are no longer driving the levels of economic growth, such as (AI) technology. The ability of increase in capital investment and in labor of traditional drivers of production, have no longer to be enjoyed in most developed economies, e.g. developed country, US, UK . However, artificial intelligence has the potential to overcome the physical limitation of capital and labor to avoid missing out on this opportunity. So, policy makers and business leaders must prepare for and work toward a future with artificial intelligence. They must do with the idea that (AI) is another simply method to enhance productivity method . Rather they must see (AI) as the tool that can transform thinking about how growth is created. Economists have always thought of new technologies are as driving growth their ability to enhancing. It can replace labor and capital factor of production. So, it brings this question: What is the factor of production (AI) technology characteristics. They key factor is to see (AI) technology as a capital-labor . (AI) can replicate labor activities at much greater scale and speed, and to even perform some tasks began the capabilities of human. For example, by using virtual assistants, 1000 legal documents can be reviewed in a matter of days instead of taking three people six moths to complete. Some (AI) technology may be one kind of factor of production in the future. For another example, people will work in workplace digitalization environment. So, in the future, working environment and information management are automated. Such as Konica camera sale company will use workplace digitalization. So, (AI) technology can provide workplace digitalization in order to raise productivity efficiency. (AI) technology will be one kind of production which is replaced by workplace digitalization and it will grow any organization productivity efficiently. Then, (AI) technology will assist overall social economy growth, due to productivity is raised and products can be produced in short time to prepare to sell in consumption market. So, time will be shortened to increase GDP growth fast for the development of (AI) technology countries.

Book Bridging Microeconomics and Macroeconomics and the Effects on Economic Development and Growth

Download or read book Bridging Microeconomics and Macroeconomics and the Effects on Economic Development and Growth written by Kostis, Pantelis C. and published by IGI Global. This book was released on 2020-10-30 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the mainstream microeconomic and macroeconomic analysis was proven to be insufficient for exploring the dynamic and complex interactions among humans, institutions, and nature in our real economy. On the one side, microeconomics is filled with black-box models that fail to study the actual contractual relations between firms and markets, while on the other side macroeconomics were proven useless because they mistook the beauty of theoretical models for truth. Thus, questions have arisen about using new theoretical and empirical structures that would better describe our economic systems. Bridging Microeconomics and Macroeconomics and the Effects on Economic Development and Growth is an essential reference source that analyzes the hypotheses that govern the relationships of aggregate structures (macroeconomic analysis) that may be compatible with the assumptions that govern the behavior of individuals, households, and firms (micro analysis), and vice versa, in trying to achieve sustainable economic development and growth. Moreover, modern evolutionary growth thinking is used in trying to bridge the inconsistencies between microeconomics and macroeconomics and confront their failures in order to better describe the economic reality. While highlighting a broad range of topics including globalization, economic systems, and the role of institutions, this book is aimed toward economic analysts, financial advisors, policymakers, researchers, academicians, and students.

Book Artificial Intelligence Brings What Advantages

Download or read book Artificial Intelligence Brings What Advantages written by Johnny Ch LOK and published by . This book was released on 2019-09-28 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: In positively view point, (AI) driven-automation will make many workers more productive and increase demand for certain skills. Consequently, new jobs are likely to be directly create in areas , such as the development and supervision of (AI) as well as indirectly created in a range of areas throughout the economy as higher incomes lead to expanded demand. So, (AI) will bring macro economy advantages in possible.Otherwise, in negatively view point, many traditional human needed ( demand) skillful jobs will be threatened by automation are highly concentrated among lower-paid, lower-skilled and less -educated workers. It means automation will cause pressure on demand for this group, pressure and employment, if (AI) can replace the low skilled and less educated workers' jobs. Thus, (AI) will have negative influence to impact on the labor market.(AI) capabilities will enable automation of some tasks that have long required human labor. Can (AI) replace some simple human jobs? If (AI) can replace some simple human jobs, then it is possible to cause unemployment if employers applied (AI) machines to replace the low skill workers to do their simple jobs in future one day. For example, advances in robotics are expanding machines' abilities to interact with and sharp the physical world. Combined , (AI) and robotics will give rise to smarter machines that can perform more sophisticated functions than ever before and brings more advantages that humans have exercised. This will permit automation of many tasks now performed by human workers and could change the shape of the labor market and human activity. It depends on whether employers choose to reduce all worker numbers to be replaced by (AI) machines or employers choose to apply (AI) machines to assist the low skillful workers to work more efficient or raise performance and productivities. If future employers apply (AI) machines to assist workers to raise performance and efficiency, then the unemployment challenge won't cause, due to the number of worker won't reduce. But if employers decide to unemploy all low skillful workers and they are replaced by (AI) machines, then the unemployment challenge will cause in possible.

Book Robots Future Good And Bad Development

Download or read book Robots Future Good And Bad Development written by John Lok and published by . This book was released on 2023-07-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book concerns to be given my opinions to explain how artificial intelligent technology will impact our life and will influence economic development in the future as well as how to influence human job market change. In labor market part, I shall indicate how artificial intelligence technology influences future macro global economy change. Advances in artificial intelligence (AI) technology is for the progress in critical areas, such as health, education, energy, economy inclusion, social welfare and the environment. Thus, it brings this question: Which (AI) workers be instead of traditional human workers in these different new markets? In recent years, machines had been used to be human's tasks in the performance of certain tasks related to intelligence, such as aspects of image recognition. Experts also forecast that rapid progress in the field of specialized artificial intelligence will continue. Then, it also brings this question: Does (AI) exceed that of human performance on more and more tasks? If it is truth, will some of human jobs to be disappeared? (AI) will be instead of human some simple jobs, then unemployment rate to the low skillful and low educated workers will be increased. Whether (AI) will be raised either production or performance or unemployment to bring human job market more advantages or more disadvantages? In my this book, I shall explain whether (AI) will bring benefits or disadvantages to human job market. I shall give example to let my readers to think how to support my final view point. In macro economy change part, chapter one, I shall explain what the (AI) functions are benefited to human and I shall indicate whether how it can impact human job nature as well as I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market. In chapter two, I shall indicate how (AI) will influence global economic technology productivity change as well as I shall indicate whether (AI) technology can impact global service management industry development. In chapter three, I shall indicate whether (AI) technology will influence digital industry economic change as well as I shall indicate whether (AI) technology can influence developing countries' economic change and health and manufacturing change, even global economic change in our future life. Part four concerns how to apply AI technological development to tourism industry. It has these two research questions need to be answered? (1) Can apply (AI) learning machine predict travelling consumer behavior? (2) Can (AI) big data gathering learning machine be replaced to human travelling marketing research method, e.g. survey or traveler psychological and travelling marketing research or travelling environment micro and macro economic human judgement of traveler consumption behavior prediction methods to predict travelling consumer behaviors more accurate?

Book Artificial Intelligence Brings Positive Or Negative Impaction To

Download or read book Artificial Intelligence Brings Positive Or Negative Impaction To written by Johnny Ch LOK and published by . This book was released on 2019-05-03 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter Three Future works change: Automation, employment and productivity3.1How (AI) influences employment Human future " micro to macro" industry trends will be affected business strategy and public policy by (AI) technology. In the future (AI) technology will influence those six themes: productivity and growth, natural resources, labor markets, the evolution of global financial markets, the economic impact of technology and innovation and urbanization. However, (AI) technology will bring economic benefits of tackling gender inequality, a new global competition, Chinese innovation and digital globalization.Nowadays, advances in robotics artificial intelligence, and machine learning are in a new age of automation, as machines match or outperform human performance in a development to any countries. For example, automation of activities can enable businesses to improve performance by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. For example, some research indicated automation could raise productivity growth globally by 0.8 to 1.4 % annually; more than 2,000 work activities across 800 occupations. When less than 5% of all occupations can be automated using demonstrated technologies about 60% of all occupations have at least 30% of constituent activities that could be automated. Many occupations will change that will be automated away: Activities most susceptible to automation involve physical activities, in highly structured and predictable environments, as well as the collection and processing of data. They are most prevalent in manufacturing , accommodation and food service and retail trade and include some middle-skill jobs. For example, such as natural language processing is a key factor. Beyond technical feasibility, the cost of technology competition with labor including skills and supply and demand dynamics, performance benefits including and beyond labor cost savings, and social and regulatory acceptance will be affected by (AI) automation technology. Thus, (AI) automation will impact to influence global employment in those aspects as below:Firstly, assuming that people are displaced by automation will find other employment. The anticipated shift in the activities in the labor force is of a similar order as the long-term shift away from agriculture and decreases in manufacturing share of employment. Both of manufacturing and agriculture industries which would be accompanied by the creation of new types of work not foreseen at the time.

Book Artificial Intelligence Brings What Global

Download or read book Artificial Intelligence Brings What Global written by Johnny Ch LOK and published by . This book was released on 2020-10-26 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is relationship between (AI) and economy growth⦁How can artificial intelligence technology influence economy?Advances in artificial intelligence (AI) technology and related fields have opened up new markets and new opportunities progress in critical areas, such as health, education, energy, economic development, social welfare and the environment pollution.(AI) automation will continue to create wealth and expand the global economy development in the future. However, when many will benefits that growth won't be costless and will be accompanied by changes in the skills, that workers need to increase productivity in the economy and structural changes in the economy. So, in the skills that workers need to succeed in the economy and structural changes. I shall indicate why aggressive policy action will be needed to help Americans who are disadvantaged by these changes , due to (AI) technology is caused. For automation industry change example, artificial intelligence (AI) capabilities will enable automation of some tasks that have long required human labor. These artificial intelligence technology introduction can increase new opportunities for individuals. The economy and society, but (AI) has also the potential to disrupt be current livelihoods of many Americans. However, (AI) leads to unemployment and increase in inequality over the long run depends not only on the (AI) technology itself, but also on the institutions and policies that are changed. Thus, it is possible that (AI) technology will raise some countries unemployment number if the employer apply (AI) technology workers to work instead of human labor in their factories, but it can also raise productivities for these employers.⦁Can (AI) influence global economy growth?Technological progress is main driver of growth of GDP per capita, allowing output to increase faster than labor and capital . However, technology can increase productivity, but also decrease the number of labor hours needed to create a unit of output. So (AI) causes unequal to labor wage decreases, even reduces the number of labor to manufacture, e.g. artificial intelligence technology of automation car manufacturing industry; clothing manufacturing industry; plane manufacturing etc. high technology of artificial intelligence manufacturing method. But (AI) should be potential environment benefit, although it raises unemployment ratio. Moreover, it can rise production , due to many skilled craft were replaced by the combination of machines and lower-skilled labor. The result of (AI) technology introduction , it causes output per hour risen when inequality declined, driving up average living standards, but the labor of some high-skill workers was no longer as valuable in the market. Otherwise, if (AI) technology is continue developed to be success. Some routine intensive occupations will be loss, which focused on predictable, e.g. easily programmable tasks, such as switchboard operators, filing clerks, travel agents, and assembly line workers would be particularly replaced by new (AI) technology. However, at the same time, (AI) technology development will bring these benefits: improvement in education ( training (AI) technology scientists) , due to (AI) manufacturing technology needs are raising to businesses and institutional changes, such as the reduction in unionization and raising in the minimum wage to the (AI) manufacturing technology skilled labor in factories.

Book How Artificial Intelligence Influences to Human Life

Download or read book How Artificial Intelligence Influences to Human Life written by Johnny Ch LOK and published by . This book was released on 2018-02-11 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book concerns to be given my opinions to explain how artificial intelligent technology will impact our life and will influence economic development in the future as well as how to influence human job market change.In labor market part, I shall indicate how artificial intelligence technology influences future macro global economy change. Advances in artificial intelligence (AI) technology is for the progress in critical areas, such as health, education, energy, economy inclusion, social welfare and the environment. Thus, it brings this question: Which (AI) workers be instead of traditional human workers in these different new markets? In recent years, machines had been used to be human's tasks in the performance of certain tasks related to intelligence , such as aspects of image recognition. Experts also forecast that rapid progress in the field of specialized artificial intelligence will continue. Then, it also brings this question: Does (AI) exceed that of human performance on more and more tasks? If it is truth, will some of human jobs to be disappeared? (AI) will be instead of human some simple jobs, then unemployment rate to the low skillful and low educated workers will be increased. Whether (AI) will be raised either production or performance or unemployment to bring human job market more advantages or more disadvantages? In my this book, I shall explain whether (AI) will bring benefits or disadvantages to human job market. I shall give example to let my readers to think how to support my final view point.In macro economy change part, chapter one, I shall explain what the (AI) functions are benefited to human and I shall indicate whether how it can impact human job nature as well as I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market.In chapter two, I shall indicate how (AI) will influence global economic technology productivity change as well as I shall indicate whether (AI) technology can impact global service management industry development.In chapter three, I shall indicate whether (AI) technology will influence digital industry economic change as well as I shall indicate whether (AI) technology can influence developing countries' economic change and health and manufacturing change , even global economic change in our future life.

Book How Artificial Intelligence Influences

Download or read book How Artificial Intelligence Influences written by Johnny Ch LOK and published by . This book was released on 2018-03-17 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book concerns to be given my opinions to explain how artificial intelligent technology will impact our life and will influence economic development in the future as well as how to influence human job market change. In labor market part, I shall indicate how artificial intelligence technology influences future macro global economy change. Advances in artificial intelligence (AI) technology is for the progress in critical areas, such as health, education, energy, economy inclusion, social welfare and the environment. Thus, it brings this question: Which (AI) workers be instead of traditional human workers in these different new markets? In recent years, machines had been used to be human's tasks in the performance of certain tasks related to intelligence , such as aspects of image recognition. Experts also forecast that rapid progress in the field of specialized artificial intelligence will continue. Then, it also brings this question: Does (AI) exceed that of human performance on more and more tasks? If it is truth, will some of human jobs to be disappeared? (AI) will be instead of human some simple jobs, then unemployment rate to the low skillful and low educated workers will be increased. Whether (AI) will be raised either production or performance or unemployment to bring human job market more advantages or more disadvantages? In my this book, I shall explain whether (AI) will bring benefits or disadvantages to human job market. I shall give example to let my readers to think how to support my final view point. In macro economy change part, chapter one, I shall explain what the (AI) functions are benefited to human and I shall indicate whether how it can impact human job nature as well as I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market. In chapter two, I shall indicate how (AI) will influence global economic technology productivity change as well as I shall indicate whether (AI) technology can impact global service management industry development. In chapter three, I shall indicate whether (AI) technology will influence digital industry economic change as well as I shall indicate whether (AI) technology can influence developing countries' economic change and health and manufacturing change , even global economic change in our future life.

Book Artificial Intelligence  Medical Engineering and Education

Download or read book Artificial Intelligence Medical Engineering and Education written by Z.B. Hu and published by IOS Press. This book was released on 2024-02-28 with total page 888 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligence (AI) is a rapidly developing field of computer science which now plays an increasingly important role in many disciplines. A catalyst for significant change, research into AI is of particular importance in fields such as medicine and education, and as such has become an area to watch for many people worldwide. This book presents the proceedings of AIMEE 2023, the 7th International Conference on Artificial Intelligence, Medical Engineering and Education, held on 9 and 10 November 2023 in Guangzhou, China. The conference brought together top international researchers from around the world to exchange research results and address open issues in AI, medical engineering and education. A total of 238 submissions were received for AIMEE 2023, of which 89 papers were selected for presentation and publication after a rigorous international peer review process. The book is divided into 3 sections, covering artificial intelligence and scientific methodology; systems engineering and analysis: concepts, methods, and applications; and education reform and innovation. Presenting papers which explore and discuss many novel concepts and methodologies contributing to the rapid evolution of artificial intelligence and its applications, the book will be of interest to all those working in the relevant fields.

Book Artificial Intelligence Brings Global Economic Benefits

Download or read book Artificial Intelligence Brings Global Economic Benefits written by Johnny Ch Lok and published by Independently Published. This book was released on 2020-10-13 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the relationship between (AI) and global digital economy development ?⦁ Could work activities in China be automated making in the nation with the world's largest automation potential? Can (AI) technology influence China economy? Could China workers be affected and jobs made up of routine work activities and predictable? Will programmable tasks be particularly impact to China employment market ? When impact on labor market is likely to be gradual at the aggregate level, it can be sudden and dramatic at the level of specific work activities, rending some job obsolete fairly. Overall (AI) technology will raise digital skills when reducing demand for medium incomer inequality for China workers. It seems (AI) technology's effect on productivity could be crucial to China's future economic growth as the population ages are increasing. In China, some biggest technological companies driving significant investments in research and development. Moreover, China is one of the leading global (AI) technology development county. However, China will need to focus on building its innovation capacity. For example, United States and United Kingdom are currently producing more influential (AI) technological research. However, if China planed to achieve (AI) technology success, it's traditional industries will need to develop technical know-how -to and overcoming implementation costs prepare to develop (AI) . When (AI) technology is introduced into China society, China government needs to raise concerning ethical, legal, technological security etc. business questions. Also, surrounding issues include privacy, discrimination, legal liability and regulation. It aims to encourage overseas investors to choose to invest (AI) technological industry to raise GDP growth and manufacturing industries income growth for long term in China. If China encouraged overseas (AI) technology investment in its country. It is possible to influence China employment market to be changed. Because (AI) technology will impact to influence China people daily life. Due to (AI) technology is introduced to China society, many rich people will prefer to spend to buy any high (AI) technological products for entertainment or learning or machine man driving etc. daily necessity activities. Then it will raise GDP growth and will raise (AI) manufacturers or related-(AI) technological manufacturers profit. It is beneficial to China because it can become one high knowledgeable and (AI) technological economical society.But it will bring bad influences to raise unemployment chance for the low skillful labor. In labor economy aspect influence, how (AI) technology can influence China low skillful labor unemployment ratio raising. The raising low skill labor unemployment reason is because China low skillful human labors are argued or are replaced by (AI) technology creating new challenges to introduce to influence China society of simply human manufacturing job nature to be changed to be high (AI) technology manufacturing job nature in any China factories. Moreover, when (AI) technology introduction to China, it will cause other related social challenges in China. The varied (AI) related challenges, including the difficulty of creating safe and reliable hardware for sensing and affecting ( transportation and education), the challenges of gaining public trust, a low resource comities and public safety and security, the challenges of overcoming fears or marginalizing humans in China employment and workplace and the risk of diminishing interpersonal trust because the low skillful labors won't believe any China employers will give chance to employ them, due to (AI) technology will replace their skills and man manufacturing of productivity is much less to compare to (AI) technology manufacturing method.