Download or read book Can Artificial Intelligence Rise Organization Efficiency written by Johnny Ch LOK and published by . This book was released on 2020-04-11 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Future works change: Automation, employment and productivity⦁How (AI) influences employment Human future " micro to macro" industry trends will be affected business strategy and public policy by (AI) technology. In the future (AI) technology will influence those six themes: productivity and growth, natural resources, labor markets, the evolution of global financial markets, the economic impact of technology and innovation and urbanization. However, (AI) technology will bring economic benefits of tackling gender inequality, a new global competition, Chinese innovation and digital globalization.Nowadays, advances in robotics artificial intelligence, and machine learning are in a new age of automation, as machines match or outperform human performance in a development to any countries. For example, automation of activities can enable businesses to improve performance by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. For example, some research indicated automation could raise productivity growth globally by 0.8 to 1.4 % annually; more than 2,000 work activities across 800 occupations. When less than 5% of all occupations can be automated using demonstrated technologies about 60% of all occupations have at least 30% of constituent activities that could be automated. Many occupations will change that will be automated away: Activities most susceptible to automation involve physical activities, in highly structured and predictable environments, as well as the collection and processing of data. They are most prevalent in manufacturing , accommodation and food service and retail trade and include some middle-skill jobs. For example, such as natural language processing is a key factor. Beyond technical feasibility, the cost of technology competition with labor including skills and supply and demand dynamics, performance benefits including and beyond labor cost savings, and social and regulatory acceptance will be affected by (AI) automation technology. Thus, (AI) automation will impact to influence global employment in those aspects as below:Firstly, assuming that people are displaced by automation will find other employment. The anticipated shift in the activities in the labor force is of a similar order as the long-term shift away from agriculture and decreases in manufacturing share of employment. Both of manufacturing and agriculture industries which would be accompanied by the creation of new types of work not foreseen at the time.

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 2019-05-22 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions. Contributors: Daron Acemoglu, Massachusetts Institute of Technology Philippe Aghion, Collège de France Ajay Agrawal, University of Toronto Susan Athey, Stanford University James Bessen, Boston University School of Law Erik Brynjolfsson, MIT Sloan School of Management Colin F. Camerer, California Institute of Technology Judith Chevalier, Yale School of Management Iain M. Cockburn, Boston University Tyler Cowen, George Mason University Jason Furman, Harvard Kennedy School Patrick Francois, University of British Columbia Alberto Galasso, University of Toronto Joshua Gans, University of Toronto Avi Goldfarb, University of Toronto Austan Goolsbee, University of Chicago Booth School of Business Rebecca Henderson, Harvard Business School Ginger Zhe Jin, University of Maryland Benjamin F. Jones, Northwestern University Charles I. Jones, Stanford University Daniel Kahneman, Princeton University Anton Korinek, Johns Hopkins University Mara Lederman, University of Toronto Hong Luo, Harvard Business School John McHale, National University of Ireland Paul R. Milgrom, Stanford University Matthew Mitchell, University of Toronto Alexander Oettl, Georgia Institute of Technology Andrea Prat, Columbia Business School Manav Raj, New York University Pascual Restrepo, Boston University Daniel Rock, MIT Sloan School of Management Jeffrey D. Sachs, Columbia University Robert Seamans, New York University Scott Stern, MIT Sloan School of Management Betsey Stevenson, University of Michigan Joseph E. Stiglitz. Columbia University Chad Syverson, University of Chicago Booth School of Business Matt Taddy, University of Chicago Booth School of Business Steven Tadelis, University of California, Berkeley Manuel Trajtenberg, Tel Aviv University Daniel Trefler, University of Toronto Catherine Tucker, MIT Sloan School of Management Hal Varian, University of California, Berkeley

Download or read book Artificial Intelligence written by Harvard Business Review and published by HBR Insights. This book was released on 2019 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies that don't use AI to their advantage will soon be left behind. Artificial intelligence and machine learning will drive a massive reshaping of the economy and society. What should you and your company be doing right now to ensure that your business is poised for success? These articles by AI experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology is likely to evolve in the near future. Artificial Intelligence: The Insights You Need from Harvard Business Review will help you spearhead important conversations, get going on the right AI initiatives for your company, and capitalize on the opportunity of the machine intelligence revolution. Catch up on current topics and deepen your understanding of them with the Insights You Need series from Harvard Business Review. Featuring some of HBR's best and most recent thinking, Insights You Need titles are both a primer on today's most pressing issues and an extension of the conversation, with interesting research, interviews, case studies, and practical ideas to help you explore how a particular issue will impact your company and what it will mean for you and your business.

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.

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

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

Download or read book AI and the Project Manager written by Peter Taylor and published by Routledge. This book was released on 2021-10-27 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enabling project managers to adapt to the new technology of artificial intelligence, this first comprehensive book on the topic discusses how AI will reinvent the project world and allow project managers to focus on people. Studies show that by 2030, 80 percent of project management tasks, such as data collection, reporting, and predictive analysis, will be carried out by AI in a consistent and efficient manner. This book sets out to explore what this will mean for project managers around the world and equips them to embrace this technological advantage for greater project success. Filled with insights and examples from tech providers and project experts, this book is an invaluable resource for PMO leaders, change executives, project managers, programme managers, and portfolio managers. Anyone who is part of the global community of change and project leadership needs to accept and understand the fast- approaching AI technology, and this book shows how to use it to their advantage.

Download or read book The AI Powered Enterprise written by Seth Earley and published by LifeTree Media. This book was released on 2020-04-28 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn how to develop and employ an ontology, the secret weapon for successfully using artificial intelligence to create a powerful competitive advantage in your business. The AI-Powered Enterprise examines two fundamental questions: First, how will the future be different as a result of artificial intelligence? And second, what must companies do to stake their claim on that future? When the Web came along in the mid-90s, it transformed the behavior of customers and remade whole industries. Now, as part of its promise to bring revolutionary change in untold ways to human activity, artificial intelligence—AI—is about to create another complete transformation in how companies create and deliver value to customers. But despite the billions spent so far on bots and other tools, AI continues to stumble. Why can't it magically use all the data organizations generate to make them run faster and better? Because something is missing. AI works only when it understands the soul of the business. An ontology is a holistic digital model of every piece of information that matters to the business, from processes to products to people, and it's what makes the difference between the promise of AI and delivering on that promise. Business leaders who want to catch the AI wave—rather than be crushed by it—need to read The AI-Powered Enterprise. The book is the first to combine a sophisticated explanation of how AI works with a practical approach to applying AI to the problems of business, from customer experience to business operations to product development.

Download or read book Artificial Intelligence written by David L. Poole and published by Cambridge University Press. This book was released on 2017-09-25 with total page 821 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligence presents a practical guide to AI, including agents, machine learning and problem-solving simple and complex domains.

Download or read book Fundamental Issues of Artificial Intelligence written by Vincent C. Müller and published by Springer. This book was released on 2016-06-07 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers a look at the fundamental issues of present and future AI, especially from cognitive science, computer science, neuroscience and philosophy. This work examines the conditions for artificial intelligence, how these relate to the conditions for intelligence in humans and other natural agents, as well as ethical and societal problems that artificial intelligence raises or will raise. The key issues this volume investigates include the relation of AI and cognitive science, ethics of AI and robotics, brain emulation and simulation, hybrid systems and cyborgs, intelligence and intelligence testing, interactive systems, multi-agent systems, and super intelligence. Based on the 2nd conference on “Theory and Philosophy of Artificial Intelligence” held in Oxford, the volume includes prominent researchers within the field from around the world.

Download or read book The Rise of AI Powered Companies written by François Candelon and published by Walter de Gruyter GmbH & Co KG. This book was released on 2022-09-19 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial intelligence is emerging as a game-changer in the business world, with impacts across all sectors. AI allows business to process massive amounts of data instantaneously, and to scale solutions at almost zero marginal cost, forcing companies to adapt and reimagine their business and operations. The Rise of AI-Powered Companies examines some of the most successful examples of companies using artificial intelligence to their advantage. From AI-enabled countries across the globe that stayed resilient and strong in the face of COVID-19, to Business-to-Consumer businesses that transformed their product development processes thanks to unprecedented amounts of consumer data, increasing their revenues manifold along the way. The book then delves into the critical enablers to becoming AI-powered and the critical steps to activate and integrate them within business organizations. Starting with data strategy, it examines new forms of data sharing and how companies should think about governance and privacy risks. It then focuses on human–AI collaboration and its role in building a stronger team culture. Finally, "Responsible AI" is discussed as well as the impact of AI-powered businesses on society at large. AI-powered companies will become the norm in the years to come. By unpacking and showcasing the major steps of a successful AI transformation, this book will help guide organizations in making the critical leap to become AI-powered—essential to survive and remain competitive in the near future.

Download or read book Why Can Artificial Intelligence Raise Orgnizational written by Johnny Ch LOK and published by . This book was released on 2018-10-29 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter SixMovie organizationFuture, (AI) technology can help movie organization to arrange staffs to work in the most efficient positions , even it can help movie organization to create any unique topic of movie and write its every movie contents to compare which movie contents are the best to make more attractive movie contents to let audiences to watch to satisfy their watching needs. Helen Reardon is the producer and director of the film, Going North, based on a novel, the best seller list for 16 months and who is considered to be one of the best directors in Hollywood, who already has two Academy Awards to whose credit and many hit motion pictures.Tom Nesson is a promising young actor, his most recent film, the western express was well received on the box office. Because his current popularity, who was chosen to play the leading male part in Going North film.The next days, Tom won't work in about 10 minutes later, who explained that the makeup people were show in getting his makeup on. No one questioned this, any who began where who had staff off yesterday. However, Helen dissatisfied Tom's performance to play his role action during this movie was carrying on.Hence, who had argued. In result, Helen enquired president in the studio executive offices to demand who either dismissed Tom Nesson, actor or dismissed who self.The studio executive did not want to lose either Helen, producer and director of film or Tom actor or both. Neither had a history of being difficult to work with. They were not sure what was causing the problem. This movie seemed to be causing all kinds of problems. e.g. strike and the disagreements between wardrobe and set design. They obviously needed to examine all of the circumstances involved to the making of the film. I supposed to use these communication networks to give reasons why causing problem between Helen and Tom. Communication occurs at several different levels and the communication that occurs among individuals or groups of individuals. This is referred to as interpersonal communication.Networks serve various purposes in organizations and which can used to regulate behaviour, promote innovation, integrate activities and inform and instruct group members. Network also differ in the extent to which who are centralized or decentralized. In centralized networks, all communications pass through a central point or points, so that each member of the network communicates with only a small number of others.Traditional organizational hierarchies, where subordinates communicate to their boss who are centralized networks and all units must communicate with a central headquarter, which then simultaneously coordinates all the units. In decentralized networks, many people or units can communicate with many others.

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

Download or read book AI Superpowers written by Kai-Fu Lee and published by Houghton Mifflin. This book was released on 2018-09-25 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- China's Sputnik moment -- Copycats in the Coliseum -- China's alternate Internet universe -- A tale of two countries -- The four waves of AI -- Utopia, dystopia, and the real AI crisis -- The wisdom of cancer -- A blueprint for human co-existence with AI -- Our global AI story

Download or read book Competing in the Age of AI written by Marco Iansiti and published by Harvard Business Press. This book was released on 2020-01-07 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: "a provocative new book" — The New York Times AI-centric organizations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value. Now with a new preface that explores how the coronavirus crisis compelled organizations such as Massachusetts General Hospital, Verizon, and IKEA to transform themselves with remarkable speed, Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes, allow massive scope increase, enabling companies to straddle industry boundaries, and create powerful opportunities for learning—to drive ever more accurate, complex, and sophisticated predictions. When traditional operating constraints are removed, strategy becomes a whole new game, one whose rules and likely outcomes this book will make clear. Iansiti and Lakhani: Present a framework for rethinking business and operating models Explain how "collisions" between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure of our economy, and forcing traditional companies to rearchitect their operating models Explain the opportunities and risks created by digital firms Describe the new challenges and responsibilities for the leaders of both digital and traditional firms Packed with examples—including many from the most powerful and innovative global, AI-driven competitors—and based on research in hundreds of firms across many sectors, this is your essential guide for rethinking how your firm competes and operates in the era of AI.

Download or read book Age of Agency written by Kerushan Govender and published by CRC Press. This book was released on 2023-12-21 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: "When the digital world started, many companies moved slowly and cautiously, not willing to replace their traditional operations. Now most companies have gone digital. We are now moving beyond digital into an AI world. Don't ignore it. This important book will guide you by providing a fresh perspective on the interrelationships between humans and AI." – Philip Kotler Do you feel overwhelmed by the AI wave? Worried that it could cost you your job, harm your business, or even take over? AI has pervaded our lives and is aggressively disrupting business. No person today can afford to ignore AI. Age of Agency is your companion, helping you leverage AI's capabilities to power your productivity and success. By understanding AI, you will learn to use it as a tool for personal career growth and business success. Former Microsoft executive Kerushan Govender demystifies AI, emphasising the importance of human agency. Reconnect with the needs of humanity and learn the importance of care as a differentiator in an AI world. Avoid the potential pitfalls of excessive reliance on the technology. Age of Agency is a blueprint for ensuring human agency outpaces computer agency. It boldly pits the limits of machine learning against the infinity of human ability. With this survival guide, you’ll uncover ways to connect with humanity on a deeper level, going beyond anything AI can do. Ready to become AI-savvy, with your humanity as your differentiator? Dive into the future with the confidence to ride the wave of today’s AI revolution.