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Book Artificial Intelligence Raises Efficiencies

Download or read book Artificial Intelligence Raises Efficiencies written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-06 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides two part: Artificial intelligence how raises efficiencies as well as how and why it can be influenced to bring to avoid wage inequality welfare. This book part first is concerned how to apply artificial intelligent machine or robot to raise productivive efficiency in factory. I shall assume that (AI) robotic can assist labours to raise productivities and bring raising efficiency. Then it brings these both questions as below: Research question: How to apply (AI) technology to raise labor efficiencies or productivities?Research question: Why and How (AI) technology can help employers to evaluate or measure whom has higher or lower productive efficiencies in order to evaluate the more reasonable or equal wages to every worker when it applies (AI) technology to assist labours to manufacture any products?The first part is intended to explain why and how (AI) technology and raising productivity or efficiency has close relationship. First part gives some artificial intelligence technologic concepts to indicate why and how (AI) can raise labor productive efficiency to assist labor to work in factories. This book first part is suitable to any managers have interest to learn how to apply (AI) technological productive method to achieve economic benefit in factories . In this part, the main important aim, I give examples to explain how to apply (AI) technology to raise labor productive efficiencies really.This book second part to explain why and how AI can bring advantages to organizations to reduce wage more inequality when they apply AI technology to assist labor to raise efficiencies. I shall indicate Japan, China, America three countries to explain they applied (AI) technology to assist labors to productivities, then they can raise efficiencies, even avoid the wage inequality causes. For example, why and how (AI) can reduce regular/non-regular wage gap when Japanese and Chinese manufacturing firms apply (AI) technology to raises efficiency as well as causes the wage is paid more fair to their labours. Also, I shall explain why and how any country's firm will bring more efficiency and more fair wage equality when they applied (AI) technology to assist labours to produce. Finally, I write this book aims to explain how the process of (AI) technologic robots field develops to assist employees to raise productive efficiencies. I shall indicate how and why book supplier and entertainment theme park and educational service example to explain how these service industries can apply (AI) robotic machines to assist employees whether (AI) can assist raise efficiencies as well as how and why these service industries can apply (AI) to assist teachers or entertainment service staff or warehouse book printing staff to bring the raising efficiencies benefit in order to evaluate their staffs whom has higher efficiencies or lower efficiencies to evaluate the more reasonable or equal wage consequently.

Book Artificial Intelligence Raises Efficiencies and Brings

Download or read book Artificial Intelligence Raises Efficiencies and Brings written by Johnny Ch LOK and published by . This book was released on 2018-12-30 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter FourThe reasons why and how AI can avoid wage inequality to the organization laboursWhat do wages buy? How work force responses to an efficiency wage, productivity, turnover. For example, given the choice of what cause the wage inequality of difference between the America and German employment policies. I would take the German goverment policy system for example because it is more social and human. Otherwise, I would take the America government policy system because American government understands capitalism of the free market. Such as German and America is one heavy industry manufacturing country, it is famous to manufacture car, steels, boat, etc. different steel manufacturing product. So, if robotics are popular to be used to manufacture any products which are needed to use steel to manufacture. Then, German and America factory labors who need to learn how to apply robotic to cooperate with them to manufacture any kinds of steel products more efficiently. So, it is simple that German and America heavy industry manufacturers can easily to evaluate whether wage determination to whom when every labor individual wage is needed to be raised, because he/she can cooperate with robotic to manufacture any kinds of steel products more efficiently. SO, the lower efficient labors won't ought be raised her/his wage easily. SO, roboic working participation will bring either raising efficiency to some factory workers when they can learn how to cooperate with robotic more easily or not raising efficiency to some factory workers when they can not learn how to cooperate with with robotic difficultlyHow robotic brings productive efficiency benefits to labors as these both view points as below:First, on the robotic working participation view point, I think, due to the nowadays technological development factor, we need more labours who need own highly qualified and skillful labours need to be motivated than in past employees who did not need own highly qualified and did not need motivated. Besides, in this regard, a preventative robotic working participation strategy is the best strategy to reduce the wage inequality, because the manager can apply robotic participation to every labor individual job in order to evaluate how much every worker actual ability owns either he/she can raise efficiency or he/she can not raise efficiency from robotic assistance . For example, these three countries, such as Japan, China and America were , it would be a different robotic working participation to every worker individual working matter strategy to avoid themselve any employees feel wage inequality habitually , due to none robotic participation with their jobs in their manufacturing processes.

Book Artificial Artificial Raises Efficiencies and Brings Wage Equality

Download or read book Artificial Artificial Raises Efficiencies and Brings Wage Equality written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-28 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides two part: Artificial intelligence how raises efficiencies as well as how and why it can be influenced to bring to avoid wage inequality welfare. This book part first is concerned how to apply artificial intelligent machine or robot to raise productivive efficiency in factory. I shall assume that (AI) robotic can assist labours to raise productivities and bring raising efficiency. Then it brings these both questions as below: Research question: How to apply (AI) technology to raise labor efficiencies or productivities?Research question: Why and How (AI) technology can help employers to evaluate or measure whom has higher or lower productive efficiencies in order to evaluate the more reasonable or equal wages to every worker when it applies (AI) technology to assist labours to manufacture any products?The first part is intended to explain why and how (AI) technology and raising productivity or efficiency has close relationship. First part gives some artificial intelligence technologic concepts to indicate why and how (AI) can raise labor productive efficiency to assist labor to work in factories. This book first part is suitable to any managers have interest to learn how to apply (AI) technological productive method to achieve economic benefit in factories . In this part, the main important aim, I give examples to explain how to apply (AI) technology to raise labor productive efficiencies really.This book second part to explain why and how AI can bring advantages to organizations to reduce wage more inequality when they apply AI technology to assist labor to raise efficiencies. I shall indicate Japan, China, America three countries to explain they applied (AI) technology to assist labors to productivities, then they can raise efficiencies, even avoid the wage inequality causes. For example, why and how (AI) can reduce regular/non-regular wage gap when Japanese and Chinese manufacturing firms apply (AI) technology to raises efficiency as well as causes the wage is paid more fair to their labours. Also, I shall explain why and how any country's firm will bring more efficiency and more fair wage equality when they applied (AI) technology to assist labours to produce. Finally, I write this book aims to explain how the process of (AI) technologic robots field develops to assist employees to raise productive efficiencies. I shall indicate how and why book supplier and entertainment theme park and educational service example to explain how these service industries can apply (AI) robotic machines to assist employees whether (AI) can assist raise efficiencies as well as how and why these service industries can apply (AI) to assist teachers or entertainment service staff or warehouse book printing staff to bring the raising efficiencies benefit in order to evaluate their staffs whom has higher efficiencies or lower efficiencies to evaluate the more reasonable or equal wage consequently.

Book Artificial Intelligence Raises Efficiencies

Download or read book Artificial Intelligence Raises Efficiencies written by Johnny Ch LOK and published by . This book was released on 2019-03-30 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is psychology of consumption behavior?Psychology is the science of human behavior and mental consumption processes. In consumption process behavior, it is any consumption behaviors as well as consumer mental consumption process is consumer individual internal experiences, comparison with alternative products, products choice of the best, making decision to consume or not consume for the product. So, advertisers often persuade to influence consumers' behavior to attract them to choose to buy whose products.Why businessmen need to learn consumer psychology? Because psychology can help businessmen scientifically to evaluate common consumer beliefs and misconceptions about consumption behavior and consumption decision making mental processes. Consumption scientific psychology has four basic goals: To describe , explain, predict and change consumption behavior and consumption decision making mental process. Consumption psychological information is based on evidence, this is information based on direct observation and measurements with consumption behavior with scientific method. How are typical images of psychology? Consumption psychologists need to use scientific method to help businessmen to think what predicts who own, make a list of words would who use to describe a psychological scientist and what use to describe a psychological scientist and what images the businessmen have. However, consumption psychologists have difference ways of looking at the same problem for the businessmen, which is why there are so many sub-fields of consumption psychology. Consumption psychology's roots began in philosophy, but the focus changes to a scientific focus consumer.Behaviorism is focused on consumer buying behavior that can be measured and observable. This returned the scientific approach to consumption psychology. Consumption behaviorist's believe consumers are controlled by their environment. Consumption behaviorism focuses on consumption observable behavior. However, consumption cognitive psychology believes that consumption behaviors are preformed because of the product ideas and thoughts. The cognitive perspective focuses on such consumer decision making and choice processes, such as perception, memory and thinking to the product.For example, in judging whether a certain student ( University customer) described in a profile is, say, a psychology major or computer science major, the student decides how well the profile matches the psychology or computer science career to the student generally. So, University can read the student profile to predict whether the student will choose to study psychology subject more prefer or computer subject more prefer to predict whose computer or psychology student numbers more accurate in the year. So, such as university cause, if the university can apply (AI) technology to predict or evalute whether the student will choose which subject to study, then they can make more accurate subjects arrangement to let students to study more easily. So, (AI) can be applied to education aspect to help teacher to predict or evaluate whether whom every student ought to choose which subjects to study in order to raise every learning ability. Every teacher can cooperate with robotic to gather every student's interest or past learning performance or learning experience to evaluate whether which subjects that who ought choose to study in order to raise higher mark for every subject , even help them to choose the most right occupation to do when they choose the right subject to study. So, school can evaluate the most reasonable salary level determination to pay whom teacher when robotic participation to teachers' teaching. For example, two math teacher teach two differnt math classes. When the teacher can not teach the class students to earn higher mark or fail, although he has robo

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 Why Artificial Intelligence Raises Efficiencies to Avoid Wage Inequality

Download or read book Why Artificial Intelligence Raises Efficiencies to Avoid Wage Inequality written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-18 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can (AI) service behavioral scientific research method predict Disney visitors behavior ?Using (AI) service behavioral scientific research methods to predict Disney consumption behavior phenomena in this field, some experts had attempted to do research in predictive validity to evaluate whether a measure of scientific achievement to consumer behavior. There are three groups thought to have varying knowledge of and ability to predict consumer behavior are academics, marketing practitioners and consumers in general. Academic groups use their scientific knowledge of consumer behavior as a basic for such activities as teaching, consulting for corporations, and testifying in legal and regulatory proceedings. In contrast, marketing practitioners are likely to be as familiar with this scientific literature. However, practitioners gain expertise through their experience. This expertise might help them to make accurate predictions of consumer behavior. Finally, when few studies on consumer behavior reach the general public, consumer's personal experiences should help them to predict certain aspects of customer behavior. So, it seems that whether Disney ought choose to do consumer behavioral psychological method to predict consumer behavior, such as personal experiences ( psychological feeling) method is more accurate than to scientific method, such as marketing research method. In this discussion, I shall imply two hypotheses about why Disney experts ought measure consumer behavior by behavioral psychological method predictions more than scientistic method, such as marketing research method . The first hypothesis, experts can make more accurate predictions than novices as well as the second hypothesis, academics can make more accurate predictions them practitioners. Thus, these hypotheses bring the questions and asked the subjects to predict whether each hypothesis tended to be true or false. For example, whether the more frequently an adolescent interacts with peers about consumption matters is the greater the tendency to use peer preferences in evaluating products? ( Moschis & Moore, 1979). Will a person be more satisfied with their recently purchased car if the car met or exceeded whose expectations? ( Westbrook 1980). Hence, using behavioral psychological prediction method, it will ask these these questions to gather the data to attempt to analyze what factors can influence whose satisfied feeling during who play any Disney entertainment facilties. These survey questions can include: Will a disney visitor feel more satisfied to play any Disney entertainment facilities with who recently visited Disney if the Disney entertainment facilities met or exceed whose expectation? Whether the more frequently Disney entertainment facilities a player with whose friends who have more satisfied feeling to play any Disney entertainment facilities to compare the less frequently Disney entertainment facilities another player alone or no any friend?A long term survey research indicated that a consumer reserch result for the practitioner group, who worked with marketing problems, but who were unlikely to be familiar with scientific research on consumer behavior. For example, systematic sampling was used to select 100 practitioners from the 1984 year American Marketing Assocication Membership Directory ( academic addresses were excluded), a self addresses envelope was enclosed in the original mailings, and two postcard reminders were sent. Replies were received from 20 academics and 13 practitioners.

Book Artificial Intelligence Raises Consumption Market

Download or read book Artificial Intelligence Raises Consumption Market written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-30 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: IntroductionNowadays, artificial intelligent robotic technology which is one kind of popular tool to help workers to work in factories or offices or serve clients in restaurants or shopping centers. It brings this question: Can artificial intelligent robotic machine men assist workers to raise productive efficiencies or improve service performance? All workers are replaced by artificial intelligent robotic machine or some workers are replaced by artificial intelligent robotic machine which can raise more productive efficiencies or improve better service performace ?If one factory or one office only applies artificial intelligent robotic machine men to replace human labors to help its different departments to do any tasks, whether can its (AI) robotic machine men help them to raise productive efficiencies ? If one restaurant or one shopping center only apply (AI) robotic machine men to help to serve clients, whether can its (AI) robotic machine men help them to improve service performance? Is it better to apply half manual labors and half (AI) robotic machine men to work in one organization in order to raise productive efficiencies or improve service performance?In my this book, I shall indicate some cases to explain how and why (AI) robotic machine men can either raise productive efficiencies or improve service performance or they can't either raise productive efficiencies or improve service performance in any situations. Managers or employees can evaluate whether how to apply (AI) robotic machine men to assist them to work in their workplaces in order to achieve the most beneficial advantages to their organization's different departments' raising productivity and efficiency and service performance improvement aims.This book concerns how to apply artificial intelligence technology to apply to US some consumption market. I shall explain how to apply (AI) technology to these America consumption market to raise their food or product productivity growth efficiently. I shall indicate some popular American consumption market of some consumer products and foods as well as manufacturers' production of material consumption products. This book brings two questions: (1)Can apply (AI) technology to raise these US food and product productivity growth?(2) Will these US food and product quality influence to be poor after (AI) technology is applied to raise productivity growth ? The manufacturers material and consumers product researching topics include: How to apply (AI) technology to raise future U.S. tobacco productivity growth? How to apply (AI) technology to raise steel material productivity growth for manufacturing industries? How to apply (AI) technology to raise minerals productivity growth for U.S. manufacturing industries? How to apply (AI) technology to improve oranage fruit and vegetables logistic transportation speed in efficient way in warehouses? How to apply (AI) technology to improve U.S. alcohol logistic transportation speed in efficient way in warehouse? How to apply (AI) technology to improve U.S. energy service performance to satisfy energy users' needs? How to apply (AI) tehnology to improve wine and tea logistic transportation speed in warehouse? How to apply (AI) technology to improve pork logistic transportation speed in warehouse? How to apply (AI) technology to improve U.S. tourism entertainment service performance to satisfy traveller needs? How to apply (AI) technology to impove sugar logistic transportation speed in warehouse? How to apply (AI) technology to raise lighting product productivity growth ?

Book Artificial Intelligence Raises Efficiency In Manufacturing Industry

Download or read book Artificial Intelligence Raises Efficiency In Manufacturing Industry written by Johnny Ch Lok and published by . This book was released on 2019-12-11 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.Because (AI) technology is not a single technology, but rather a collection of technologies that are applied to specific tasks, the effects of (AI) will be felt unevenly though the economy. It will bring some tasks will be most easily automated than others, and some jobs will be affected more than others, both negatively and positively. Finally, new jobs are likely to be directly created in areas, such as the development and supervision of (AI) as well as indirectly created in a range areas though out the economy as higher incomes lead to expanded demand.However, if (AI) technology could dominate global labor markets. If labor productivity increases, do not influence to wage increases, then the large economic gains brought about by (AI) technology could be increased wealth inequality, due to employers can reduce production cost, but workers ( labors) wages will not be increased, even will be decreased. Hence, it seems the (AI) technology will bring disadvantages to labor market to cause unemployment or reduce wages in possible, although it can reduce employer individual salary (wage) expenditure and it can raise productivity.⦁How can artificial intelligence impact global economy growth?Artificial intelligence (AI) technology is a branch of computer science that aims to create intelligent machines that work and react like humans. So, (AI) is a technology that appears to impact ( influence) human preference by learning, understanding complex contents, enhancing humans in executing both routine and non-routine tasks. In the future, (AI) technology that can be virtual personal assistant, as well as it may exist, such as robots with human-like processing capabilities

Book How And Why Artificial Intelligence Raises Productive Efficiency

Download or read book How And Why Artificial Intelligence Raises Productive Efficiency written by Johnny Ch Lok and published by . This book was released on 2021-04-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why does (AI) and digital transformative combination technologies raise productivity growth or improve service performance? From 1995 to 2004 year, US experienced an acceleration in productivity growth, largely reflecting gains associated with the diffusion of ICT technologies. From the early to mid-2000 year onward, productivity growth has slowed down. The potential impacts of the ongoing digital transformation on productivity also need to consider in the context of this long term slowdown. When, the precise reasons for today's productivity remain difficult to a number of factors are likely to contribute as below factors: The first factor that has limited the impacts of digital transformation is the state of diffusion of digital technologies across the economy. When, many firms now have across to broadband networks, the use of more advanced digital tools and application with firms still differs greatly across countries. Moreover, these are important differences between rapid technological change, advanced technologies are initially only adopted by some leading firms and then only later diffuse to all firms as the technologies because more established new business models grow, such as applying digital and (AI) technological combine method to raise productivity growth is caused and costs fall. Consequently, these is large demand between what can be automated from a technical point of view and what may already be implemented by frontier firms and what is actually being achieve to raise productivity growth aim. So, (AI) and digital transformative technology influence future raising productivity growth or improving service aim achievement for many manufacturing and service industry demand.The second factor indicator that the available evidence suggests that the wide-spread benefits of digitalization productivity are not enough. Firms expect to help strengthen investment ( in tangible and intangible assets), e.g. (AI) technology. The same time, there are now starting to experience labor shortages, e.g. in certain technical occupations, such as data scientists. Due to the technological change is fast and growing demand for productivity growth has been increasing. SO, it will influence future (AI) robotic learning system and digital technological combination to be applied to manufacturing and service industries' needs to be raised. Due to many firms expect to find methods to raise productivity growth in order to reduce production costs.However, (AI) and digital technological development can cause multiple forms of disruption, from shifts in demand for workforce skills to changes in market structure, the need for new business models, new patterns of trade and investment. The (AI) and digital potentially transformative technologies can create new inventions, e.g. from quantum computing and advanced energy storage to new forms of 3D printing, big data analytics and neuro-technologies. These new product creative industries must lead the new product manufacturers to expect to learn how to apply (AI) and digital technology to raise productivity growth when their manufacturing processes. IN fact, (AI) is the ability of learning machine and system to acquire and apply knowledge and carry out intelligent behavior. Early efforts to develop (AI) centered on defining rules that software could use to perform a tack, such systems would work in speech recognition, (AI) skill. Increase in computational power, new statistical methods and advances in big data, have brought major breakthroughs to the field of (AI), especially in " vertical " (AI) like automated vehicles as opposed to " general". (AI) with machine learning algorithms that identify complex patterns in large data sets. Software applications can perform tasks and simultaneously learn how to improve productive performance.

Book Artificial Intelligence Raises Efficiency and Productivity

Download or read book Artificial Intelligence Raises Efficiency and Productivity written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-04-14 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenges of (AI) big data gather shapingthe future of retail for consumer industriesAnother challenge of (AI) big data gather is that how to shape the consumer behavior to let business owner to feel or know oe predict. It means that how it express it's conclusion or opinion for every consumer behavior after it had gather all big data in any data gather period, e.g. three months, half year or one year consumer shopping model data gather period.Because every kind of industry, consumers will continue to demand price and quality change , with a wide range of convenient fulfilment options among of different kinds of products or services supply. Overall, the (AI) big data gather procedure gives opinion concerns every time retail experience will become more exciting, simple and convenient, depending on the consumer's ever-changing needs. So, I believe that (AI) big data gather every conclusion or result will be different, due to consumer's price and quality demand will often change to every kind of product or service supply in retail industry. So, how to shape (AI) big data gathering's analytical conclusion or result more clear. I shall recommend organizations need to build great understanding of and a stronger connection to increasingly empowered consumers before they plan and implement how to apply (AI) big data gather tool to predict consumer behavior as below:Firstly, (AI) is empowered by technology, the consumer is redefining value. The traditional measures of cost, choice and convenience are still relevant, but not control and experience are also important. Globally, consumers have access to more than 2 billion different products choice by a wide range of traditional competitors and dynamic new entrants, all experimenting with new business models and methods of client engagement. As choice increases, loyalty becomes more difficult familiarity and the consumer becomes more empowered. Businesses will have no choice and constantly innovate and disrupt themselves by meeting new technologies of high standards and expectations of consumers. So, (AI) data gather tool will need to follow different target group of consumers' needs to follow their different kinds of product design or style choice preferable to gather data in order to conclude the different target groups of consumer behavior to give opinion more clear and accurate to let businessmen to understand more clear how its customers' behavioral choice trend in the future half month, even to two years period.Secondly, businessmen need to adopt changing technologies rapidly. Technology will be the key driver of this retail industry. Industry participants will only success if they have a clear prediction to focus on how to using technology to increase the value added to consumers. They must , however, do so will I realistic assessment of their costs and benefits. Hence, (AI) big data gather technological tools will need to design to help them to gather data efficiently by these ways, such as the internet of things ( IOT), artificial intelligence (AI) machine learning, augmented reality (AR)/virtual reality (VR), digital traceability. So, future (AI) big data gather tool are predicted to be most influential customer behavioral positive emotion changing tool for retail , due to their widespread applications , ability to drive efficiencies and impact on labor in order to impact consumer behavior changing effort from negative emotion to positive.Thirdly, (AI) big data gather tool is an advanced data science of consumer behavior predictive tool. Businesses will have to bring the journey from simply collecting consumer data to using it to scale and systematize enhanced decision making across the entire value chain. When focused on their business goals, industry players should not lose sight of the impact that future capabilities and transformative business models may have on society.

Book Why Artificial Intelligence Raises Efficiency

Download or read book Why Artificial Intelligence Raises Efficiency written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-22 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why will (AI) technologic knowledgeable robotic workers be raised productivity ?Future, (AI) robotic workers can assist knowledge labors to raise productivity from internet channel. Social science can explain knowledgeable jobs will be useful and popular and assisting labors to raise productivity to work at home online working environments. Within social science, in such discipline is sociology and human psychology and geography which indicates internet technology have changed to online working place environment, sense of working place, online employee role identity, everyday online work and life style, website global working communication and email online communication working interconnections. It seems internet brings access to social, economic and political resources to effect change to both individual and social working conditions, such as employers accept to attempt to use internet to assist office staffs to work at home, e.g. many book publishing businesses like to attempt to publish electronic books from online book store, instead of book shops channel to sell paper books. So these online book stores give chance to authors to publish electronic books or online paper books from online sale channel to earn loyalty income. For example, Amazon online electronic bookstore can publish electronic books and online paper books to sell all one day 24 hours to any countries' readers from its website, so when any countries' readers can enter its website to choose any different kind of subjects of electronic books to buy by visa card conveniently. Such as fiction, psychology, economy, science, law, architecture, medicine, commerce, management etc. subjects. So, any country's reader who does not need to buy air tickets to go to the country's book shop to buy the paper book, who only needs to pay visa card to buy the electronic or online paper books from Amazon publishing's website to buy any countries' electronic and paper books and then the overseas reader can choose either to download it from whose home computer or pays more price to deliver the online paper book to post to whose country conveniently. Hence, this online bookstore sale method will be popular and many free work authors will choose to work to raise the productivity of more quality electronic books numbers from this internet channel. However, the consequences of global change are far from uniform with globalizing influences and adapted as new technological, economic and online working cultural experiences are incorporated by any countries' staffs of any cities, towns and rural areas into their everyday work lives from long distance easily. Since one company can employ different countries' staffs to work from internet working channel at their homes. For example, a America company can employ overseas countries' staffs to work at the same time together by sending job duties from email communication channel among them when the America company has any job arrangement to notify to any staff to finish it any time, then the overseas staff finish the job and who can send whose finished documents to whose America employer any time. It seems the overseas staffs whose working hours can be flexible and those working hours have no regular office working hours to be fixed time table, so they do not need to work in any fixed working time table every working days, who can send their finished office documents to whose employers after who have finished their documents by either email communication channel or office online website downloads office download any time conveniently.

Book How Artificial Intelligence Raises Efficiency and Performance

Download or read book How Artificial Intelligence Raises Efficiency and Performance written by Johnny Ch LOK and published by . This book was released on 2018-12-13 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides two part : Artificial intelligence raises productive efficiency and service performance. This book part first is concerned how to apply artificial intelligent machine or robot to raise productivive efficiency in factory.Research question: How to apply artificial intelligence to raise labor productive efficiency?Research question: How to apply (AI) technology to raise labor efficiencies or productivities? The first part is intended to explain why and how (AI) technology and raising productivity or efficiency has close relationship. First part gives some artificial intelligence technologic concepts to indicate why and how (AI) can raise labor productive efficiency to assist labor to work in factories. This book first part is suitable to any managers have interest to learn how to apply (AI) technological productive method to achieve economic benefit in factories . In this part, the main important aim, I give examples to explain how to apply (AI) technology to raise labor productive efficiencies really.Research question: How to apply (AI) technology to assist employees to improve service performance to serve clients? This book second part is concerned how to apply (AI) technology to raise service performance. Also I shall compare to explain what advantages and disadvantages when the organization either choose to apply (AI) or not choose (AI) to assist employees to serve clients, these any one sample industry encounters customer complains, due to it lacks (AI) technologic assistance to aim to let any reader to judge whether how to choose the solvable method is better. In, conclusion, this book can provide sample industries to let students to feel whether (AI) technology will raise labor productivities or efficiency or service performance. In part two, it shall indicate how the process of (AI) technologic robots field develops to assist employees to serve clients to let they feel more satisfactory and reduce any unreasonable complains. I shall indicate underground train and Disney entertainment theme park and University and unground train transportation and environmental protection businessmen etc. enterprises to explain how which can apply (AI) robotic machines to assist employees to provide more excellent service to let them to feel. Thus, I shall assume that if one company or individual businessman can apply (AI) technology to assist employees to serve clients in shopping center or restaurant etc. or assist them to produce any products in factories. Then they have more confidence to attract more clients or reduce labour turnover. I shall give insurance and travel both industries to explain how to apply (AI) technology to serve insurance or travelling clients solve consumer behavioral prediction as well as I shall indicate some methods to explain how to apply (AI) technology to assist manufacturers or service providers to attempt to solve some challenges encountering when who attempt to raise service performance or productive efficiencies.

Book Artificial Intelligence in 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.

Book Artificial Intelligence Raises Productivity Growth and Service Performance

Download or read book Artificial Intelligence Raises Productivity Growth and Service Performance written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-13 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, artificial intelligent robotic technology which is one kind of popular tool to help workers to work in factories or offices or serve clients in restaurants or shopping centers. It brings this question: Can artificial intelligent robotic machine men assist workers to raise productive efficiencies or improve service performance? If one factory or one office only applies artificial intelligent robotic machine men to replace human labors to help its different departments to do any tasks, whether can its (AI) robotic machine men help them to raise productive efficiencies ? If one restaurant or one shopping center only apply (AI) robotic machine men to help to serve clients, whether can its (AI) robotic machine men help them to improve service performance? Is it better to apply half manual labors and half (AI) robotic machine men to work in one organization in order to raise productive efficiencies or improve service performance?In my this book, I shall indicate some cases to explain how and why (AI) robotic machine men can either raise productive efficiencies or improve service performance or they can't either raise productive efficiencies or improve service performance in any situations. Managers or employees can evaluate whether how to apply (AI) robotic machine men to assist them to work in their workplaces in order to achieve the most beneficial advantages to their organization's different departments' raising productivity and efficiency and service performance improvement aims.

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 Raises Productive Efficiency

Download or read book Artificial Intelligence Raises Productive Efficiency written by Johnny Ch Lok and published by . This book was released on 2020-05-22 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying (AI) technology to improve global daily food logistic transporation speed in warehousesFuture (AI) robotic machines can assist warehouse workers to deliver the accurate number and right different kinds of daily drinks, e.g. milk, orange juice, apply juice, soft drinks, milk, cheese, ice-cream etc. different kinds of soft drinks and food to different right loacations in efficient way and the fast transportation speed in warehouses. The research and insights committee indicated that it discovered U.S. daily food industry had no loger significant increases in gross dometic product and population expansion to drive domestic growth. So, it brings this challenge for U.S. daily food product manufacturers' cost savings / gains driven and production efficiencies will be possible caused to U.S. daily food product caused to U.S. daily food product manufacturers in domestic market. So, they ought consider how to expand overseas daily food product market to attempt to increase more different kinds of daily products to different countries. I shall recommend some solutions as below: U.S. daily food product manufacturers ought plan future five to ten year opportunities to drive the growth of daily / daily -based food products to overseas different countried. For example, Hong Kong, China, Japan Asia countries have many people who like to buy U.S. daily food to eat or drink, e.g. milk, cheese, ice-cream. So, they need have good identification of macro trends and a greater understanding of data-based key elements ( e.g. the country's demographic shifts, prediction of the country has how many people who like to eat or drink any kinds of daily food, e.g. Japan's one city Tokyo has how many people who like to eat or drink any kinds of U.S. daily food; finding every country's people whose food / eating behaviors, e.g. in what suitation which will influence Japanese have desire to buy daily food, such as the consumption group, e.g. prediction of young or old age Japanese number will like to eat or drink U.S. daily food in what time of one day for the old or young age Japaneses' eating habit, e.g. morning time, luch time or dinner time. So, the U.S. daily food manufactuers can follow the suitable time to prepare sell the accurate number to Japan. For example, if they predict there are 500,000 about Japanese young and old age people who like to buy U.S. daily food to eat or drink after dinner time in Tokyo city every week. Then, they can export enough different kinds of daily food number to Tokyo every week; retail channel shift, e.g. supermarket ot small retil store; food service promotion perspective, .e.g. newspaper or magazone or radio daily food service promotion channel choice to let the country people to know what kinds of U.S. daily food can be sole to the country. Then, these methods can help any U.S. daily food manufacturers have potential to predict the accurate consumption number to every coutries and U.S. itself to raise their daily food export or local sale number.

Book Technology How Influences Organization Performance Improvement

Download or read book Technology How Influences Organization Performance Improvement written by Johnny Ch Lok and published by . This book was released on 2021-02-12 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Five ways to use AI to improve business efficiency to these office tasksRegardless of a company's size or type, its executives typically look for ways to help it operate as efficiently as possible. They understand the link between efficiency and profitability. If employees waste too much time with drawn-out processes or complicated tasks, it'll be hard for the enterprise to remain profitable and adapt to challenges. Fortunately, artificial intelligence (AI) supports the need for effective business operations. Here are five ways enterprises can use AI for help: 5 ways to use AI to improve business efficiency image.Getting the best results from AI means looking at where bottlenecks exist, then figuring out if and how it might remove or minimise them. AI can help any offices to improve or raise efficiency to these tasks aspects as below:1. Use AI to answer queries and support customer engagementChatbots are an increasingly popular option for businesses to try, and they use AI to work. Companies often build chatbots that can answer any questions from customers that come through outside of business hours. Some identify the nature of a person's problem, then either attempt to tackle it with preprogrammed answers or pass the communications to a human support worker. The retail industry, in particular, saw success by deploying chatbots. Global data collected by Juniper Research shows an estimated 2.6 billion retail-based chatbot interactions in 2019, and the company forecasts the number to rise to 22 billion in 2023.Chatbots are excellent for answering simple questions like "How late are you open today?" or "Do you have gluten-free menu options?" Getting quick answers to queries like those increases the chances customers will choose to do business with one company over another. Equally importantly, when chatbots can give responses in a matter of seconds, there's no need for humans to stop what they're doing and address the questions.2. To enhance reporting speed and accuracyCompany reports reveal things such as which products are selling the fastest and where they're most popular. They can also confirm the impacts of marketing campaigns on product sales, break down the costs of a new packaging choice or shipping method, and much more. However, as anyone that files reports knows, creating them is a painstaking task, and trying to rush through the process could cause mistakes. Some forward-thinking companies are combining AI with big data analytics. Doing this brings better forecasts and takes some of the burdens off the people who prepare the reports. AI also helps conquer the inevitability of mistakes. Even the most careful people make blunders, often because of mental fatigue.AI learns to spot patterns in data and gets smarter with time. This means reports get finished faster and contain more-reliable information. The reliability aspect is crucial, especially since recently published research indicated two-thirds of the senior executives polled had no confidence or trust in big data. Using AI does not mean companies can do without data scientists. However, depending on the technology allows them to reduce the uncertainty that may otherwise exist. It also prevents employees who work with a company's data from being asked to recheck the findings, even if they initially took appropriate precautions to ensure accuracy.3. To improve data transfer speedsFast data transfers help AI technology work. Concerning some information-intensive applications like virtual reality (VR), any slow transmissions greatly interfere with the realism, and content immersion people should enjoy after strapping on a VR headset. As it turns out, AI can improve data transfer speeds, too.