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.

Download or read book Artificial Intelligence in Society written by OECD and published by OECD Publishing. This book was released on 2019-06-11 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The artificial intelligence (AI) landscape has evolved significantly from 1950 when Alan Turing first posed the question of whether machines can think. Today, AI is transforming societies and economies. It promises to generate productivity gains, improve well-being and help address global challenges, such as climate change, resource scarcity and health crises.

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.

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.

Download or read book Automation Innovation and Work written by Jon-Arild Johannessen and published by Routledge. This book was released on 2020-03-11 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial intelligence will not necessarily create a super-intelligent “human robot”; however, it is very probable that intelligent robots and intelligent informats will bring about a form of super-globalization, in which money and goods are prioritized over people and democracy and where the widespread use of casual labour – that is, short-term contracts – will become the most common form of employment relationship. It is also very likely that artificial intelligence will bring about what is known as singularity. This term is used to describe a situation where intelligent robots, from a rational and logical perspective, are smarter than humans, i.e. the development of AI. This book explores the impact that these intelligent robots and intelligent informats will have on social and societal development. The author tackles the question of singularity from three distinct standpoints: technological singularity – the intelligence of machines compared to that of humans – which he argues will bring about a qualitatively new labour market; economic singularity – the consequences for work relationships, value creation and employment – which he asserts will promote full automation, result in precarious contracts with low salaries, and, in some countries, possibly lead to the introduction of a universal basic income; and social singularity – the consequences of technological and economic singularity for democratic processes, bureaucratic procedures for exercising authority and control, and the direction in which society will develop, in addition to the emergence of new social institutions – which Johannessen says will promote a transition from representative democracy to genuine democracy. The book will appeal to academics, researchers and students of economic sociology and political economy, as well as those focusing upon the emerging innovation economy. It will also find an audience among professionals and policymakers keen to understand the impact the Fourth Industrial Revolution will have on organizations, individuals and society at large.

Download or read book Artificial Intelligence Brings Social Economic written by Johnny Ch LOK and published by . This book was released on 2020-07-29 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: In robots learning process, what difficulties which will face, the scientist indicated this question concerns how to influence robot's learning abilities: Has RL certain desirable qualifties, such as the learning abilities possibility to explore and learn from unsupervised experience? Many also queation RL as a variable technique for learning in complex real-world environments because of practical problems, such as long training time requirements, non-scaling state representations, sparse rewards ( resulting in slow utility propagation) and safe exploration strategies. As a result, reinforcement learning has been utilized for teaching robots and game characters, incorporating real-time human feedback by having a person supply reward and/or punishment as an additional input to the reward function.Consequently, the scientist discovered human's teaching method is the most important factor to influence the robot's learning abilities amonf all other environment factors. He also assumed and argued that reinforcement based learning approaches should be reformulated to move effectively incorporate a human teacher. To do this properly, the educational robot must understand the human teacher's contribution; how does the human teach? and what does the educational robot try to communicate from a robot learner? The scientist suggested human trainers ought use these methods to educate robot learners to learn more easily. His main findings indicates reward factor can influence the human robot teachers' motives to teach robot learners to learn, due to more reward can encourage the human robot trainers to teach robots to learn their knowledge and skill. He also found that robot users read the behavior of the robot machine learners and adjust the human robot trainer whose training strategies as whose mental model of the different robot human trainer education method changes. Viweing the human input as a traditional RL reward signal does not take advantage of the fact that a teacher adjusts hose training behavior to best suit the robot educational learner.In addition to the related RL works mentioned above. Every human robot trainer needs to consider the topic of human input for machine learning systems. Personalization agents and adaptive user interfaces are examples of software that learns by observing human behaviors modeling humann preferences or activities. It empathizes how human teaches the robot learner through interaction, various works address trainable software and robotic agents, exploring explicit human input: learning classification tasks and navigation tasks via natural language, robots that learn by demonstration or/and software agents that learn or training. It seems how to design the robot machine learning software technology will also influence the robot's learning abilities. Thus, human trainer's software learning machine and how to give reward to encourage the human trainer's teaching behavior to let the robot to learn, these factors will influence the robot's learning ability to be applied to education industry to assist human teacher's teaching job successfully. Because how much knowledge and skill, the robot can learn from the human trainer, how much educational knowledge that the robot can own to prepare to teach any students to learn easily. Hence, the human trainer's knowledge and skill will quality to satisfy its primary, secondary and university students learning need.⦁Can robots be teachable agents to students really?

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.

Download or read book Artificial Intelligence Anthropogenic Nature vs Social Origin written by Elena G. Popkova and published by Springer Nature. This book was released on 2020-02-22 with total page 878 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents advanced research studies on the topic of artificial intelligence as a component of social and economic relations and processes. It gathers research papers from the International Research-to-Practice Conference “The 21st Century from the Positions of Modern Science: Intellectual, Digital and Innovative Aspects” (May 23–24, 2019, Nizhny Novgorod, Russia) and the International Research-to-Practice Conference “Economics of Pleasure: a Science of Enjoying Economic Activities” (October 3–5, 2019, Prague, Czech Republic). Both conferences were organized by the Autonomous Non-Profit Organization “Institute of Scientific Communications” (Volgograd). What sets this book apart from other publications on the topic of artificial intelligence is that it approaches AI not as a technological tool, but as an economic entity. Bringing together papers by representatives of various fields of social and human knowledge, it systematically reflects on various economic, social, and legal aspects of the creation, application, and development of artificial intelligence. Given the multidisciplinary nature of its content, the book will appeal to a broad target audience, including those engaged in developing AI (scientific research institutes and universities), and Industry 4.0 enterprises interested in its implementation, as well as state regulators for the digital economy.

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.

Download or read book Artificial Intelligence written by Jacob Parakilas and published by Chatham House (Formerly Riia). This book was released on 2018 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The rise of AI must be better managed in the near term in order to mitigate longer term risks and to ensure that AI does not reinforce existing inequalities"--Publisher.

Download or read book Technological Trends in the AI Economy written by Elena N. Makarenko and published by Springer Nature. This book was released on 2023-03-03 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to the study of artificial intelligence from a new perspective – not just a technology but a social institution with complex social connections and relationships. The book systematically highlights technological trends of the artificial intelligence economy and considers all the components of its cascade effect with an overview of international experience and substantiation of promising ways of adapting to the modern stage of technological transit of economic systems. The cascade effect is understood as a chain of interdependent events that are triggered as artificial intelligence takes root in society and the economy. Among the technological trends (current areas of the practical application of artificial intelligence), highlighted in the book, are “smart” homes, digital regions, the use of artificial intelligence to ensure cybersecurity, as well as the optimization of business processes based on artificial intelligence. The book interprets the economics of artificial intelligence as a result of the transition to a digital technological order. A review of modern experience and regulatory perspectives of the institutionalization of the artificial intelligence economy is carried out. The legal framework for combating cyber threats in the artificial intelligence economy has been determined. The promising frameworks for using artificial intelligence in various branches of industry are presented. The book provides practical examples, case studies and proposed frameworks for using AI in various sectors of the economy, which allows using the book as a practical guide to managing the artificial intelligence economy.

Download or read book Artificial Intelligence in Healthcare written by Adam Bohr and published by Academic Press. This book was released on 2020-06-21 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligence (AI) in Healthcare is more than a comprehensive introduction to artificial intelligence as a tool in the generation and analysis of healthcare data. The book is split into two sections where the first section describes the current healthcare challenges and the rise of AI in this arena. The ten following chapters are written by specialists in each area, covering the whole healthcare ecosystem. First, the AI applications in drug design and drug development are presented followed by its applications in the field of cancer diagnostics, treatment and medical imaging. Subsequently, the application of AI in medical devices and surgery are covered as well as remote patient monitoring. Finally, the book dives into the topics of security, privacy, information sharing, health insurances and legal aspects of AI in healthcare. Highlights different data techniques in healthcare data analysis, including machine learning and data mining Illustrates different applications and challenges across the design, implementation and management of intelligent systems and healthcare data networks Includes applications and case studies across all areas of AI in healthcare data

Download or read book How Robots Influence Social Change written by John Lok and published by . This book was released on 2023-10-06 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.

Download or read book Learning Social Behavioral Economic Cases Edition 5 written by John Lok and published by . This book was released on 2022-07-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Whether AI can bring positive or negative impaction to influence human job nature change.Thus, it brings this question: Whether (AI) robotic workers can be instead of traditional human workers in these different new markets to bring positive or negative impaction to change human job nature change? 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 to replace human jobs? 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.

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.

Download or read book Robots Bring Positive Or Negative Changes To Human Societies written by John Lok and published by Notion Press. This book was released on 2022-10-05 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. Robots may bring what positive or negative influences to human societies. 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.

Download or read book Economics of the Fourth Industrial Revolution written by Nicholas Johnson and published by Routledge. This book was released on 2020-10-25 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book applies cutting-edge economic analysis and social science to unpack the rich complexities and paradoxes of the Fourth Industrial Revolution. The book takes the reader on a bold, refreshing, and informative tour through its technological drivers, its profound impact on human ecosystems, and its potential for sustainable human development. The overarching message to the reader is that the Fourth Industrial Revolution is not merely something to be feared or survived; rather, this dramatic collision of technologies, disciplines, and ideas presents a magnificent opportunity for a generation of new pioneers to rewrite "accepted rules" and find new avenues to empower billions of people to thrive. This book will help readers to discern the difference between disruption and transformation. The reader will come away from this book with a deeply intuitive and highly contextual understanding of the core technological advances transforming the world as we know it. Beyond this, the reader will clearly appreciate the future impacts on our economies and social structures. Most importantly, the reader will receive an insightful and actionable set of guidelines to assist them in harnessing the Fourth Industrial Revolution so that both they and their communities may flourish. The authors do not primarily seek to make prescriptions for government policy, but rather to speak directly to people about what they can do for themselves, their families, and their communities to be future-proofed and ready to adapt to life in a rapidly evolving world ecosystem.