Download or read book Artificial Intelligence and its Impact on Business written by Wolfgang Amann and published by IAP. This book was released on 2020-06-01 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial intelligence (AI) technologies are one of top investment priorities in these days. They are aimed at finding applications in fields of special value for humans, including education. The fourth industrial revolution will replace not only human hands but also human brains, the time of machines requires new forms of work and new ways of business education, however we must be aware that if there is no control of human-chatbot interaction, there is a risk of losing sight of this interaction’s goal. First, it is important to get people to truly understand AI systems, to intentionally participate in their use, as well as to build their trust, because “the measure of success for AI applications is the value they create for human lives” (Stanford University 2016, 33). Consequently, society needs to adapt to AI applications if it is to extend its benefits and mitigate the inevitable errors and failures. This is why it is highly recommended to create new AI-powered tools for education that are the result of cooperation between AI researchers and humanities’ and social sciences’ researchers, who can identify cognitive processes and human behaviors. This book is authored by a range of international experts with a diversity of backgrounds and perspectives hopefully bringing us closer to the responses for the questions what we should teach (what the ‘right’ set of future skills is), how we should teach (the way in which schools should teach and assess them) and where we should teach (what implications does AI have for today’s education infrastructure). We must remember as we have already noticed before “…education institutions would need to ensure that that they have an appropriate infrastructure, as well as the safety and credibility of AI-based systems. Ultimately, the law and policies need to adjust to the rapid pace of AI development, because the formal responsibility for appropriate learning outcomes will in future be divided between a teacher and a machine. Above all, we should ensure that AI respect human and civil rights (Stachowicz-Stanusch, Amann, 2018)”.

Download or read book How Artificial Intelligence Development Influences Economic Growth written by Johnny CH LOK and published by . This book was released on 2017-07-23 with total page 84 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.In chapter one, I shall explain what the (AI) functions are benefited to human and I shall indicate whether it can impact human job nature.In chapter two, 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 three, I shall indicate how (AI) will influence global economic change.In chapter four, I shall indicate whether (AI) technology can impact service management industry.In chapter five, I shall indicate whether (AI) technology will influence digital industry economic change.In chapter six, I shall indicate whether (AI) technology can influence developing countries' economic change and health and manufacturing , even global economic change in our future life. This book is suitable to any students who expect to make personal judgement and analysis to concern whether (AI) technology will impact our life and it will influence global economic change in our future.

Download or read book How Robots Influences Industry Development written by Johnny Ch Lok and published by . This book was released on 2020-11-10 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: -How can artificial intelligence impact on workplace?Modern information technologies and the labor economy growth of machines is powered by artificial intelligence have already strongly influenced the world of work in the 21 ST century. Computers, algorithms and software simplify every tasks and it is impossible to image how most of our life could be managed without them. How can be the information economy characterized by exponential growth replaces the most production industry based on economy of scales? What will the future world of work look like and how long will it take to get? Will the future world of work be a world where humans spend less time earning their livelihood? Alternatively, are mass unemployment, mass poverty and social distortions also possible scenario for the future, where robots, artificial intelligence systems play an increasingly central role? These questions concern how artificial intelligence further development . Can influence labor economy growth on workplace ? When the labor market has widespread impact on intelligence property, information technology, product liability, competition and labor and employment laws. How (AI) technology impacts on labor workplace.The future influence any organizations how labor economies use of (AI) can be analyzed, such as deep machine learning is based on a set of model high level data. Unlike human workers, the machines are connected the whole time in workplace. If one machine makes a mistake, all autonomous systems will keep this in mind and will avoid the same mistake the next time. Over the long run intelligent machines will win against every human expert. Production robots have been replacing employees because of the (AI) technology. They work more precisely than humans and cost loss. Creative solutions like 3D printers and the self learning ability of these production robots will replace human workers, the automatic data recording and data processing, traditional back office activities are no longer in demand. Autonomous software will collect necessary information and will send it to the employee who needs it. Additionally, dematerialization leads to the phenomenon that traditional physical products are becoming software. For example, CD or DVDs are being replaced by streaming services. The replacement of traditional event ticket, e-travel ticket service products or hard cash will be the next step, due to the possibility of payment by smartphone. So, (AI) technology will impact human's daily life consumption behaviors in the future. For another example, transportation tools, such as boats and ferries and private vehicles will use sensors and navigating without human input. Taxi and truck drivers will become obsolete, the stock store applies to stock managers and postal carriers of the delivery is distributed by (AI) machine delivery method.

Download or read book Artificial Intelligence Future Social Changing Influence written by Johnny Ch Lok and published by . This book was released on 2020-11-15 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁How does ( AI) technology influence the future of employment change? Are future nature of jobs changed to computerization from (AI) technology? Where are the probability of computing occupations from (AI) technology influence? What is expected impacts of future computing on labor market from (AI) technology influence? John Maynard Keynes's frequently cited prediction of widespread technological unemployment " du to our discovery of means of economic the use of labor outrunning the pace of which we can find new used of labor" ( Keynes, 1933, p.3).In the future, (AI) technology will impact some nature of occupations to change computing. This chance will also influence some countries' economic change. For example, some factory human labors hand routine manufacturing tasks will be changed to computerization of routine manufacturing tasks by (AI) technological machine men hand manufacturing method. it will cause a structured shift in the labor market, with workers reallocating their labor supply from middle-income manufacturing to low-income service occupations.Arguably, this is because the manual tasks of service occupations are less computerization, as who require a higher degree of flexibility and physical adaptability. So, (AI) technology will influence the human hand labor skillful occupation nature of task cheaper, such as vehicle manufacturing, ship manufacturing, computer manufacturing, steel manufacturing, television, radio etc. home electronic products of heavy machine industry change. Due to (AI) technology machine man will be proper to be used to manufacturing these electronic products when the (AI) technology innovation can develop to the mature stage. Then, any countries manufacturers will choose to use (AI) technology machine man, instead of human hand production.Supposing the future prices of computing are fallen, seriously, problem solving skills are becoming relatively productive, explaining the substantial employment growth in manufacturing occupations, involving cognitive tasks where skilled labor has a comparative advantage, as well as the increase education needs for (AI) technology computing of machine man subject study. Prediction of education needs for (AI) technology student numbers will increase, due to manufacturing industry needs many (AI) technology students in future employment market. Another (AI) technology influence if the future (AI) technological innovation, e.g. machine man manufacturing or machine man service industries will both increase demand, then with more sophistic software technologies will be disrupted labor markets by marketing workers redundant. For publishing industry, what is striking about the case in paper book publishing industry will be unpopular? Due to the electronic book publishing industry will be popular, e.g. Amazon publish . (AI) technology can influence paper book manufacturing method which is replaced by machine man electronic book manufacturing method as well as it will cause the computerization is no longer confined to routine manufacturing tasks. Due to (AI) machine man manufacturing technology will be proper to be used to manufacture any products in short time efficiently and effectively, e.g. electronic book products. In the future, if it is fact to occur this case, such as ( AI) technological machine man manufacturing method will be adopted ( applied) to manufacture electronic books or any products in possible. (AI) technology will cause many manufacturing workers are unemployed. It is beneficial to employers, who can reduce to spend much wages expenditure to employ manufacturing workers, but it will cause many manufacturing workers loss jobs and reduce income to support whose families lives. It will cause social challenges, e.g. increasing stealing crimes if the manufacturing workers had not other skills to find other jobs to do easily.

Download or read book Understanding the Role of Artificial Intelligence and Its Future Social Impact written by Sheikh, Salim and published by IGI Global. This book was released on 2020-07-17 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The influence of AI is beginning to filter into every aspect of life, spanning across education, healthcare, business, and more. However, as its prevalence grows, challenges must be addressed including AI replication and even exacerbation of human bias and discrimination and the development of policies and laws that appropriately regulate AI. Stakeholders from all sectors of society need to collaborate on co-designing innovative, agile frameworks for governing AI that allow for its continued adoption while minimizing risk and reducing disruption. Understanding the Role of Artificial Intelligence and Its Future Social Impact is a pivotal reference source that provides vital research on the application of AI within contemporary society and comprehends the future effects of this technology within modern civilization. While highlighting topics such as cognitive computing, ethical issues, and robotics, this publication explores the possible consequences of AI adoption as well as its disruption within industries and emerging markets. This book is ideally designed for researchers, developers, strategists, managers, practitioners, executives, analysts, scientists, policymakers, academicians, and students seeking current research on the future of AI and its influence on the global culture and society.

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 How Influences Industries Development written by Johnny Ch LOK and published by . This book was released on 2020-02-08 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prediction of artificial intelligencereading and writing abilities development What is future trend of artificial intelligence reading and writing abilities development? To answer this question, we need to know what benefits of artificial intelligent machine men can attribute to human's needs when they can own any human's mind to read or/and write any books. I shall indicate e-books reading and writing example, if artificial intelligent machine men can be invented to own human's mind to write and/or read e-books on computer. Then, it brings this question: Can artificial intelligent machine men assist human to learn to do judgement to solve any challenges?I believe that when artificial intelligent machine men can be invented to own human mind to write or/and read any books, then they will own human's mind ability to make judgement to solve any challenges more accurately, even their decisions can be more accurate to compare to human's decisions. So, artificial intelligent machine mens' writing and reading ability is the main factor to cause their mind to do any judgement in order to make any decisions more accurately. Consequently, in future one day, artificial intelligent machine mens' writing and reading ability will be invented to similar human's reading and writing abilities as well as their minds can also be invented to similar human's minds as well as their judgement abilities can be invented to similar to human's judgement abilities to make any decisions more accurate.2.5The influences when AI is invented to ownhuman's mind and judgement abilities Finally, I shall discuss what are the influences when AI is invented to own human's mind and judgement abilities in our future job market. The achievement of artificial intelligent (AI) machine men achievement requirement of owning human's mind and judgement abilities which requires extensive manual labor, and by augmenting the calling process with machine learning, the process where speed and accuracy are needed to close to human's mind and judgement abilities. Expert human race callers now have better information at artificial intelligent machine men at their fingertips faster. Hence, if the above those requirements are achieved to satisfy artificial intelligent machine men ind and judgement abilities demand to close or exceed humans' mind and judgement abilities. Then, I believe that future human's some simple jobs must be replaced by (AI) machine men. Even, human's some professonal jobs, e.g. lawyer, accountant, administator, typing etc. professional skillful jobs, which will be either replaced or will be assisted by (AI) machine men. For example, (AI) machine men learn how to type english or other language words to do typing job ; they can learn how to apply accounting knowledge to record any firm's income and expenditure record of accounting job; they can also learn how to assist architects to design any architectural building drawing plans to do architect jobs; they can learn how to analyze any court evidences to judge any criminal or civil cases and assist lawyers to give legal advices to achieve more reasonable judgement for any legal cases; they can also learn how to assist firm's managers or administrators to manage any organization teams efficiently.Consequently, when (AI) machine men can be invented to achieve to exceed human's mind and judgement abilities level. Then, I believe that they can do instead of human' simple jobs, which can do even human's more difficult and more judgement requirement of professional skillful jobs. So, (AI) machine men must need to achieve to do any jobs, they are same, even exceed to human professionals' abilities. Then, it will cause a lot of human's jobs to be disappeared or some human's jobs will be replaced by owning judgement and mind abilities of (AI) machine men to do.

Download or read book The Rise of Artificial Intelligence Impact on Industries and Society written by Rayan Musk and published by Uniek Enterprises. This book was released on 2023-12-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The excursion through "The Ascent of Man-made consciousness: Effect on Enterprises and Society" is an enrapturing investigation that navigates the scenes of mechanical development, cultural change, and moral contemplations. This far reaching investigation unfurls across a progression of sections, each digging into unmistakable features of Man-made reasoning (simulated intelligence) that on the whole shape the story of our mechanical future. Beginning with the essential sections on the advancement and meanings of computer based intelligence, the account spreads out the verifiable embroidery of this groundbreaking innovation. From its conceptualization to contemporary forward leaps in AI and profound learning, the parts enlighten the unique exchange of logical request, mechanical headways, and the cultural effect of man-made intelligence. As the story advances, key ideas and wording act as the etymological framework, offering perusers a common language to explore the complexities of computer based intelligence - from directed figuring out how to brain organizations. The underpinnings of simulated intelligence are divulged in lovely detail, explaining the collaboration between information, calculations, and computational power. The parts on AI and profound learning arise as powerful motors impelling simulated intelligence's groundbreaking potential, exhibiting its flexibility and viability in tending to complex difficulties. The investigation of brain organizations and calculations digs into the complicated components that support simulated intelligence direction, disentangling the refinement that characterizes the innovation's abilities. The story then consistently changes into the advantageous connection between information, enormous information, and simulated intelligence. Here, the combination of computer based intelligence with sweeping datasets becomes the overwhelming focus, impelling progressions that reclassify how associations gather experiences, make expectations, and enhance tasks in the time of data overflow. The parts committed to computer based intelligence in different businesses, like medical care, money, assembling, and farming, feature the innovation's extraordinary touch, reshaping processes, improving productivity, and driving advancement across assorted areas. In imagining a human-driven man-made intelligence future, the finishing up sections welcome perusers to ponder a worldview where computer based intelligence isn't just a device however a compassionate partner. This future-situated investigation stresses inclusivity, straightforwardness, and personalization, preparing for an agreeable mix of man-made intelligence into the structure holding the system together. The source of inspiration reverberations all through the story, encouraging policymakers, industry pioneers, scientists, the labor force, promotion gatherings, teachers, and people in general to effectively partake in forming a future where man-made intelligence adjusts consistently with human qualities. Basically, this investigation remains as a demonstration of the groundbreaking capability of simulated intelligence, approaching partners from different domains to on the whole explore the moral aspects, cultural ramifications, and open doors introduced by this significant innovative development. The story fills in as a compass, directing perusers through the complicated landscape of artificial intelligence, encouraging comprehension, and rousing a common obligation to capable and moral artificial intelligence improvement.

Download or read book The 4th Industrial Revolution written by Mark Skilton and published by Springer. This book was released on 2017-11-28 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps decision makers grasp the importance, and applicability to business, of the new technologies and extended connectivity of systems that underlie what is becoming known as the Fourth Industrial Revolution: technologies and systems such as artificial intelligence, machine learning, 3D printing, the internet of things, virtual and augmented reality, big data and mobile networks. The WEF, OECD and UN all agree that humanity is on the cusp of the Fourth Industrial Revolution. As intelligent systems become integrated into every aspect of our lives this revolution will induce cultural and societal change of a magnitude hitherto unforeseen. These technologies challenge the values, customer experience and business propositions that have been the mainstay of almost every business and organization in existence. By redefining and encapsulating new value structures with emerging intelligent technologies, new innovative models are being created, and brought to market. Understanding the potential and impact of these changes will be a fundamental leadership requirement over the coming years. Skilton and Hovsepian provide decision makers with practical, independent and authoritative guidance to help them prepare for the changes we are all likely to witness due to the rapid convergence of technological advances. In short, bite-sized, nuggets, with frameworks supported by a deep set of practical and up-to-the-minute case studies, they shine light on the new business models and enterprise architectures emerging as businesses seek to build strategies to thrive within this brave new world.

Download or read book Artificial Intelligence for Business written by Hemachandran K and published by CRC Press. This book was released on 2023-11-21 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial intelligence (AI) is transforming the business world at an unprecedented pace. From automating mundane tasks to predicting consumer behaviour, AI is changing the way businesses operate across all sectors. This book is an exploration of AI in business applications, highlighting the diverse range of ways in which AI is being used across different industries. The book begins with an overview of AI in business and its impact on the workforce. It then explores the role of AI in marketing, advertising, and tourism. The use of AI in personalized recommendations and chatbots is discussed in detail. The book then moves on to examine how AI is changing the retail industry, improving supply chain management, and enhancing the customer experience. The media and entertainment industry is also examined, with a focus on how AI is being used to personalize content and improve the user experience. The book also explores the use of AI in human resources, insurance, legal, and finance. The impact of AI on talent identification, recruitment, underwriting, document analysis, and financial forecasting is discussed in detail. In the healthcare and sports industries, AI is transforming the way we approach diagnosis, treatment, and training. The book examines how AI is being used to analyse medical images, develop personalized treatment plans, and improve patient outcomes. The use of AI in sports performance analysis is also discussed in detail. Finally, the book explores the use of AI in agriculture, energy, education, and the public sector. The potential of AI to optimize crop yields, reduce energy consumption, and improve the quality of education is discussed in detail. The book also examines how AI is being used to improve public services, such as transportation and emergency services. This book is a valuable resource for academics, researchers, professionals, and policymakers who are interested in understanding the potential of AI in the business world. The contributions from leading experts and researchers provide a comprehensive overview of AI in business applications, and how it is transforming different sectors. The book also examines the ethical dilemmas that arise from the use of AI in business, such as the impact on privacy and data security, and the potential for bias in AI algorithms. It provides valuable insights into how businesses can ensure that the use of AI is ethical and responsible. In conclusion, this book is a must-read for anyone interested in the potential of AI in the business world. It provides a comprehensive overview of AI in business applications and how it is transforming different sectors. The book examines the ethical dilemmas that arise from the use of AI in business, providing valuable insights into how businesses can ensure that the use of AI is ethical and responsible. We hope that readers will find this book informative and thought-provoking.

Download or read book How Artificial Intelligence Influences Future Human Job Market Change written by Johnny Ch Lok and published by . This book was released on 2021-04-10 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can (AI) influence labor market?⦁How can human society job nature to be changed to artificial intelligent society? From the first intelligent perspective reason view point, artificial intelligence is making machines " intelligent" acting as humans expect people to act. Artificial intelligence has ability to distinguish computer responses from human responses, it owns knowledge to solve expert problem. From another research perspective reason view point, artificial intelligence is the study of how to make computers do things which, at the moment, people do better ( Rich & Knight, 1991, p.3).(AI) researchers are native in a variety of domains, e.g. formal tasks ( mathematics, games), tasks ( perception, robotics, natural language, common sense reasoning), expert tasks ( financial analysis, medical diagnostics, engineering, scientific analysis and other areas). From the second business perspective reason view point, (AI) is a set of many powerful tools, and methodologies for using those tools to solve business problems. From a programming perspective reason view point, (AI) includes the study of symbolic programming problem solving and search . From the third human technological perspective reason view point, today's computer can do many well-defined tasks, for example, arithmetic operations, are much faster and more accurate than human beings. However, the computers' interaction with their environment is not very sophisticated yet. How can human test whether a computer has reached the general intelligence level of a human being? Can a computer convince a human interrogator that it is a human? But before thinking of such advanced kinds of machines, human will start developing our own extremely simple " intelligent" machines. So, it is possible that human society job nature will to be changed to artificial intelligent society when (AI) technology is developed to the mature stage in the future.⦁Why does human need artificial intelligence machines?One of major division in (AI) is between humans who think (AI) is the only serious way of finding out how we ( human) work and human who want companies to do very smart things, independently of how we ( human) work. This is the important distinction between cognitive scientists vs engineers. One of another major division in (AI) is between symbolic (AI), which represents information through symbols and their relationships. Specific Algorithms are used to process these symbols to solve problems or deduce new knowledge and connectionist. So ( AI), which represents information in network. Biological processes underlying learning, task performance and problem solving are imitated from human mind behaviors. Thus, it is possible that artificial intelligence machines can do the better judgicious behavior to compare human.⦁How does artificial intelligence influence future working changing in automation employment and productivity aspects?In the automation changing influence aspect, as companies increasingly use robots on production lines or algorithms to optimize their logistics manage inventory, any carry out other core business functions. Technological advances are creating a new automation age in which ever-smarter and more flexible machines will be deployed on an ever larger scale in the marketplace. However, researching artificial intelligence with how influences human working nature. We need to answer these questions: How will automation transform the workplace? What will the implications for employment? And what is likely to be its impact both on productivity in the global economy and on employment?

Download or read book How Artificial Intelligence Influences written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-05-02 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the relationship between (AI) and (CRM)?⦁ Can (AI) technology impact on customer relationship management (CRM) ?Nowadays, (AI) is a technology almost as old as the computer industry itself, it is similar with the advent of personal assistants function to businesses and personal promotion channel, such as ( Amazon's Alexa, Apple's Siri, Google's Assistant) image recognition ( face book), personalized recommendations ( Netflix, Amazon). Those innovations have been driven by a increase in processing power, lower cost hardware, and the exploding creation and availability of data. It seems, (AI) technology can impact global customer service management method.How to forecast economic impact modeling to (AI) will affect global economy? Can human forecast business revenue growth and job creation ( or destruction) based on (AI) applied to customer relationship management (CRM) activities? In addition to the economic impact on (AI) or (CRM) which can include an estimate of the economic impact attributable to sales forces customer base. What can economic benefits be brought to (CRM) from (AI) technology?Artificial intelligence(AI) comprises a set of technologies that use natural language processing, machine learning, knowledge graphs, and other tools to answer questions, discover insights and provide recommendations. Computer systems can use (AI) hypothesize and formulate possible answers based on available evidence can be trained through the ingestion of vast amounts of content, and automatically adapt and learn from (AI) self mistakes and failures. So, any business organizations (customer service departments) can provide efficient and effective customer relationship management of excellent customer service quality if which applied (AI) technology system. The different type of (AI) systems include: (AI) system platforms, machine learning (AI) based data preparation and enrichment tools, machine vision/image recognition, voice speech recognition, text analysis and natural language processing, bots, e.g. face book website and virtual digital assistance solutions, social media pattern analysis, sentiment analysis, advanced numerical analysis (e.g. IOT streaming, machine logs), supporting technologies, knowledge base dialog management, Q&A processing etc. different (AI) technology system customer relationship management (CRM) tools.(AI) (CRM) of activity can include these categories, such as: corporate marketing, marketing operation, field marketing, customer support, digital commerce, customer analytics, customer influenced product or service design, product or service pricing, finance information, presentation, customer billing, inventory, logistics and fulfilment support, partner management etc. different CRM tools. (AI) technology of CRM has been carrying on plan different stages to achieve CRM personal assistant tool for businesses. The stages are such as, in the beginning stage of (AI) projects in place, implement now, pilot phase next year in the final stage of (AI) customer relationship management tools are foreseeable future. So, this CRM technology has been improved to plan in different stages every year to prepare to achieve full capacity of CRM service quality for businesses to use in the future.Hence, how to develop an estimate prediction of the economic impact (AI) technologies could have CRM activities, which depends on gathering macroeconomic information on business revenue and the basic marketing of business revenue and the basic markup of business expenses by major functions ( customer support, marketing and sales, production etc.)

Download or read book Artificial Intelligence Influences Social Relationship Questions written by Johnny Ch Lok and published by . This book was released on 2019-11-22 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: How (AI) influences employment environment change?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.

Download or read book Towards an International Political Economy of Artificial Intelligence written by Tugrul Keskin and published by Springer Nature. This book was released on 2021-07-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume seeks to leverage academic interdisciplinarity to develop insight into how Artificial intelligence (AI), the latest GPT to emerge, may influence or radically change socio-political norms, practices, and institutions. AI may best be understood as a predictive technology. “Prediction is the process of filling in missing information. Prediction takes information you have, often called ‘data’, and uses it to generate information you don’t have” (Agrawal, Gans, and Goldfarb 2018, 13; also see Mayer-Schonberger and Ramge 2018). AI makes prediction cheap because the cost of information is now close to zero. Cheap prediction through AI technologies are radically altering how we govern ourselves, interact with each other, and sustain society. Contributors to this volume represent the academic disciplines of Sociology and Political Science working within a diverse set of intra-disciplinary fields that when combined, yield novel insights into the following questions guiding this volume: How might AI transform people? How might AI transform socio-political practices? How might AI transform socio-political institutions?

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 AI and Business and Innovation Research Understanding the Potential and Risks of AI for Modern Enterprises written by Bahaaeddin Alareeni and published by Springer Nature. This book was released on 2024-01-30 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview of the latest trends and developments in AI and business innovation research. In today's rapidly changing business environment, artificial intelligence (AI) has become an essential tool for innovation and growth. From marketing and customer service to supply chain management and product development, AI is transforming the way businesses operate, allowing them to make better decisions and achieve their goals faster and more efficiently than ever before. However, the integration of AI into business operations is not without its challenges and risks. There are concerns about data privacy, cybersecurity, and the potential for AI to disrupt traditional industries and displace workers. As a result, it is essential for business leaders and researchers to understand both the potential and risks of AI, and how it can be effectively leveraged for business innovation. This book explores the potential benefits of AI for modern enterprises, including how it can be used to enhance customer service, optimize supply chain management, and improve decision-making in a range of business contexts. It also examines the role of AI in product development, marketing, and sales, and how it can be used to drive innovation and growth. The book also examines the risks and challenges associated with the integration of AI into business operations. It explores the ethical and legal implications of AI, including issues related to data privacy and security, bias in algorithms, and the impact of AI on employment and the labor market. It also examines the role of government and policymakers in regulating AI and managing the risks associated with its integration into business operations. Overall, this book provides a comprehensive and balanced perspective on the potential and risks of AI for modern enterprises.

Download or read book Artificial Intelligence Influences Economic Growth written by Johnny Ch LOK and published by . This book was released on 2018-06-22 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: PrefaceThis 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.In 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. This book is suitable to any students who expect to make personal judgement and analysis to concern whether how (AI) technology will impact our life and it can influence global economic change in our future.