Download or read book Robot And Economic Environment How written by John Lok and published by . This book was released on 2022-02-04 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: How AI technology influence productivities and service performance ? Whether it can raise productivities and improve service performance?This book aims to explain why and how future artificial intelligent technology ( big data gathering method) can be applied to assit businesses to predict why and when and how consumer behavior changes. I shall explain why traditional psychological and statistic and marketing methods are applied to predict consumer behaviors, human's judgement and analytical effort will be worse to compare AI machine's judgement and analytical effort. Also, I shall indicate different business organizations why they apply AI big data gathering method to help them to design any questionnaires ( surveys) questions which will be more valid and useful to conclude human's questionnaires ( surveys) design questions method.
Download or read book The Robot Revolution written by The late John Hudson and published by Edward Elgar Publishing. This book was released on 2019 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the coming decades robots and artificial intelligence will fundamentally change our world. In doing so they offer the hope of a golden future, but there are dangers. This book looks at both the history of robots, in science and in fiction, as well as the science behind robots. Specific chapters analyse the impact of robots on the labour market, people’s attitudes to robots, the impact of robots on society, and the appropriate policies to pursue to prepare our world for the robot revolution. Overall the book strikes a cautionary tone. Robots will change our world dramatically and they will also change human beings. These important issues are examined from the perspective of an economist, but the book is intended to appeal to a wider audience in the social sciences and beyond.
Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2024-03-05 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.
Download or read book The Political Economy of Robots written by Ryan Kiggins and published by Springer. This book was released on 2017-09-16 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection examines implications of technological automation to global prosperity and peace. Focusing on robots, information communication technologies, and other automation technologies, it offers brief interventions that assess how automation may alter extant political, social, and economic institutions, norms, and practices that comprise the global political economy. In doing so, this collection deals directly with such issues as automated production, trade, war, state sanctioned robot violence, financial speculation, transnational crime, and policy decision making. This interdisciplinary volume will appeal to students, scholars and practitioners grappling with political, economic, and social problems that arise from rapid technological change that automates the prospects for human prosperity and peace.
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 The AI Economy written by Roger Bootle and published by Nicholas Brealey. This book was released on 2019-11-26 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gold winner in Business Technology category, 2020 Axiom Business Book Awards Extraordinary innovations in technology promise to transform the world, but how realistic is the claim that AI will change our lives? In this much needed book the acclaimed economist Roger Bootle responds to the fascinating economic questions posed by the age of the robot, steering a path away from tech jargon and alarmism towards a rational explanation of the ways in which the AI revolution will affect us all. Tackling the implications of Artificial Intelligence on growth, productivity, inflation and the distribution of wealth and power, THE AI ECONOMY also examines coming changes to the the way we educate, work and spend our leisure time. A fundamentally optimistic view which will help you plan for changing times, this book explains AI and leads you towards a more certain future. Extraordinary innovations in technology promise to transform the world, but how realistic is the claim that AI will change our lives? In this much needed book the acclaimed economist Roger Bootle responds to the fascinating economic questions posed by the age of the robot, steering a path away from tech jargon and alarmism towards a rational explanation of the ways in which the AI revolution will affect us all. Tackling the implications of Artificial Intelligence on growth, productivity, inflation and the distribution of wealth and power, THE AI ECONOMY also examines coming changes to the the way we educate, work and spend our leisure time. A fundamentally optimistic view which will help you plan for changing times, this book explains AI and leads you towards a more certain future.
Download or read book The Changing Interaction Between Robots and Humans in the Working Environment written by Peter Rossel and published by Grin Publishing. This book was released on 2016-03-30 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2015 in the subject Business economics - Personnel and Organisation, grade: B, Sophia Antipolis Campus (France); SKEMA Business School, language: English, abstract: Within my research paper I analyze how the further development of robotic devices will influence our working environment. Robots are going to change the global economy drastically. With severe effects on the job market, as recent studies outline. In the United Kingdom alone one third of jobs could be omitted due to the "robot-revolution," in the United States with 47 percent even almost half. Especially in "low-skilled" job fields robots could take many working spaces of human beings, enormous social shifts would result. Even though a lot of people argue that technical advancement and therefore the further development of robotic devices bring advantages to our lives for the most part, we have to start to realise that robots may replace our jobs and therefore adapt to a changing work environment. More and more people are outcompeted by a non-living species an, unlikeable scenario that though will take place in the future and therefore people have to learn to deal with this new setting.
Download or read book How Robots Influence Service Need written by John Lok and published by . This book was released on 2022-02-04 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction What are our social customer and economic problems usually we will encounter in our lives. Can economists apply any economic theories to attempt to solve any economic or customer problems absolutely? Do economists apply any economic theories to solve any business problems in any economic environment or situations or they need find the suitable economic theories to solve the suitable environment of economic or customer problems? Whether can apply behavioral economic method to raise productivity, service performance in organizations and predict consumer individual emotion in consumption market. This book concerns to be given my opinions to explain how to apply demand and supply theory to analyze future artificial intelligent technological need on manufacturing and service industries aspect more as well as how to influence human job market change on service and manufacturing industries tasks aspects to be replaced by robotics in demand and supply view.
Download or read book How Robots Apply to Business Environment written by Johnny Ch LOK and published by . This book was released on 2021-06-28 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to apply robotic media methods to predict readers' behaviors in publishing industry? Media economics the application of economic theories, concepts and principles to study the macroeconomics and microeconomic aspects of most media consumption and industries, for academic lecturers, policymakers, and industry analysts. Media economics methods include how to apply variety of methodological approaches both qualitative and quantitative methods and statistical analysis, as well as studies using financial, historical and policy driven data. Some economists define land, labor, and capital as the three factors of production and the major contributors to a nation's wealth. Can AI be production any books, newspapers, magazines etc. reading products in publishing industry? Some economists believed price was determined by the costs of production, whereas marginal economists equated prices with the level of demand can be any books, magazines, newspapers etc. reading products prices is either determined by the cost of printing production or equated any one kind of these reading products with the level of reader' demand more, such as artificial intelligent e books publish and reading tech nology may change readers reading habits to ebooks. The marginal economists contributed the basic analytic tools of demand and supply, consumer utility and the use of mathematics as analytical tools to develop microeconomics. Can apply the basic analytic tools of reader demand and any one kind of these reading products supply can learn reader individual reading need, utility and the use of mathematics as analytical tools to predict any kind of reading book topics and reading interesting topic choice in media industry? However, some economists also demonstrated that given a free market economy, such as in free publish industry, the factors of production ( land, labor and capital) were important in understanding the economic system. Can apply the factor of production , e.g. publishing book sale location ( land); publishing book salespeople sale experience ( labor); and attractive book printing quality (capital printing expense) to influence the publishing industry reading consumer reading habit or purchase book activities? However, some economists suggested two important contributions: Analysis of monopoly and price discrimination and the market for labor will influence consumer number. Such as publishing case: Can analysis of which famous royalty publishing book sale firm to the most monopoly and then following its different topic of books sale price to evaluate whether how much every different topic of its similar book topic sale price to be higher to avoid reduce reader numbers, due to the not famous royalty book seller which similar topic book to the famous royalty book seller's prices are too higher than the famous royalty publishers' book prices? Book salespeople individual sale experience and sale ability and book knowledge ( labor supply) influence the book publishing shop's reading clients buying decisions, such as the more experience book sellers can persuade many readers to buy the book store's books. Otherwise, the less sale experience book sellers can not persuade many readers to buy the store's books. Hence, ebook publish may influence many paper book shops close when many readers choose to study ebooks.
Download or read book Application of Sustainability Principles for Harsh Environment Exploration by Autonomous Robot written by Romualdas Bausys and published by Infinite Study. This book was released on with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currently, the European Union (EU) is focusing on a large-scale campaign dedicated to developing a competitive circular economy and expanding the single digital market. One of the main goals of this campaign is the implementation of the sustainability principles in the development and deployment cycle of the new generation technologies. This paper focuses on the fast-growing field of autonomous mobile robots and the harsh environment exploration problem.
Download or read book Interactive Robotics Legal Ethical Social and Economic Aspects written by María Amparo Grau Ruiz and published by Springer Nature. This book was released on 2022-05-03 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reports on cutting-edge legal, ethical, social and economic issues relating to robotics and automation, human-machine interaction and artificial intelligence, in different application areas. It discusses important problems such as robotic taxation, social inequality, protection of neuro-human and children rights, among others. It describes current advances and challenges in robotic regulation and governance, as well as findings relating to sustainability of robotic industries, thus filling an important gap in the robotic and AI literature. Chapters consists of revised and extended contributions to the workshop session “Debate on legal, ethical & socio-economic aspects of interactive robotics” of INBOTS 2021, held virtually on May 18-20, 2021.
Download or read book Rise of the Robots written by Martin Ford and published by Basic Books. This book was released on 2015-05-05 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times-bestselling guide to how automation is changing the economy, undermining work, and reshaping our lives Winner of Best Business Book of the Year awards from the Financial Times and from Forbes "Lucid, comprehensive, and unafraid . . . ;an indispensable contribution to a long-running argument." -- Los Angeles Times What are the jobs of the future? How many will there be? And who will have them? As technology continues to accelerate and machines begin taking care of themselves, fewer people will be necessary. Artificial intelligence is already well on its way to making "good jobs" obsolete: many paralegals, journalists, office workers, and even computer programmers are poised to be replaced by robots and smart software. As progress continues, blue and white collar jobs alike will evaporate, squeezing working -- and middle-class families ever further. At the same time, households are under assault from exploding costs, especially from the two major industries-education and health care-that, so far, have not been transformed by information technology. The result could well be massive unemployment and inequality as well as the implosion of the consumer economy itself. The past solutions to technological disruption, especially more training and education, aren't going to work. We must decide, now, whether the future will see broad-based prosperity or catastrophic levels of inequality and economic insecurity. Rise of the Robots is essential reading to understand what accelerating technology means for our economic prospects-not to mention those of our children-as well as for society as a whole.
Download or read book How Apply Robotic to Business Environment written by Johnny Ch LOK and published by . This book was released on 2021-06-04 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: I believe new technologies have the potential to solve global macro economic development challenges from micro economic ( every country technological firms cooperation development) method. The reason as below: (1) Recent advances in information and communications technology new innovations in methods of manufacturing and fresh ways of exploiting energy could bring significant growth benefits for the world global economic technological development from different countries themselves technological firms research new ( undiscovered) technological products development to influence future human life, water energy, solar energy, nuclear energy, vehicle battery energy new energy development technology. It aims to avoid global energy shortage challenge occurrence and new artificial intelligent cities development, it aims to let human feel to live in high technological development, artificial intelligent cities can let human to live more comfortable and more convenient in global cities from artificial intelligent assistance. For another example, some of the new technologies allow companies earn higher quality of physical capital at lower prices. Enhanced energy storage, shale gas and oil techniques, and innovations in renewable energy are helping to drive down the price of energy relative to the trend that would have unfolded in their absence. In all cases, new energy development, these technologies have the potential to raise productivity growth sectors and countries, allowing faster, new energy supply growth and lower inflation, when human have different kind of energy to choose to use. For another example, mobile communications technology can make the world economy more efficient and may also lead to significant dislocation. Mobile communications technology has the potential to bring 2 to 3 billion people into the world economy development. Additive manufacturing as 3 D printing, could remove up to 90% of the waste from some manufacturing processes. At the same time, advanced robots which can work as little as USD$4 per hour, may eventually display existing employment in manufacturing. So, on micro economic view point, technology will be one kind production of factor to global future manufacturing firms. Mckinsey Global Institute finds that our trend global growth could be 0.5 to 0.7 percentage points higher in 2025s than in the absence of technological change, it implies productivity gains comparable to apply only personal computer and internet revolutions of the 1990s. (2) What is future these new technology? A new technology ought change the way the world economy operates in micro economic view point. A new technological change can shift the global economy's production function simply put, better technology allows the economy to produce more products and services at low prices. (production of factor). For example, potential efficiency gains include the widespread diffusion of mobile devices, easing access to the internet, artificial intelligence machine learning and voice recognition as well as the " internet of things", big of data gathering method to be applied to manage supply chains better in any factories ( production of factor).
Download or read book Robots and AI written by Lili Yan Ing and published by Taylor & Francis. This book was released on 2022-06-13 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robots and artificial intelligence (AI) are powerful forces that will likely have large impacts on the size, direction, and composition of international trade flows. This book discusses how industrial robots, automation, and AI affect international growth, trade, productivity, employment, wages, and welfare. The book explains new approaches on how robots and artificial intelligence affect the world economy by presenting detailed theoretical framework and country-specific as well as firm-product level-specific exercises. This book will be a useful reference for those researching on robots, automation, AI and their economic impacts on trade, industry, and employment. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Download or read book Robotics in Practice written by Joseph F. Engelberger and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE REAL THING by Isaac Asimov Back in 1939, when I was still a teenager, I began to write (and publish) a series of stories about robots which, for the first time in science fiction, were pictured as having been deliberately engineered to do their job safely. They were not intended to be creaky Gothic menaces, nor outlets for mawkish sentiment. They were simply well-designed machines. Beginning in 1942, I crystallized this notion in what I called 'The Three Laws of Robotics' and, in 1950, nine of my robot stories were collected into a book, I, Robot. I did not at that time seriously believe that I would live to see robots in action and robotics becoming a booming industry .... Yet here we are, better yet, I am alive to see it. But then, why shouldn't they be with us? Robots fulfil an important role in industry. They do simple and repetitive jobs more steadily, more reliably, and more uncomplainingly than a human being could - or should. Does a robot displace a human being? Certainly, but he does so at a job that, simply because a robot can do it, is beneath the dignity of a human being; a job that is no more than mindless drudgery. Better and more human jobs can be found for human beings - and should.
Download or read book Efficient Using Organizational Resources Strategies written by Johnny Ch LOK and published by . This book was released on 2021-04-08 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can Robotic Help Warehouses To Avoid Resource Waste On Behavioral Economic View⦁Behavioral economy view whether robotic can helpwarehouse to avoid time and human resource wasteIN fact,robts are being used in different types manufacturing to create more efficiency with fewer resource. Robots also reduce errors, to leass waste is produced. Less waste is produced and the robots are able to final and separate the small parts more efficiently than human hands can. For example, on environment recycled aspect, robots can help reduce waste that is incinerated by efficiently sorting materials that can be recycled quickly and more efficiently than humans reducing the input poser and cost control with such processes. So, robots can bring positive affect the environment, because robots use less energy and produce less waste. As a whole, there are multiple benefits to using robots to fight climate change,e.g. robots can prevent pollution and emissions through careful monitoring optimize the manaufacturing processes to reduce energy consumption. Moreover, robots can help with recycling, the use of robots allows facility operators some new flexibility. Most technologies used in recycling allow to sort materials. The sensing robots ( sensoes) allow robots to receive information about a certain measurement of the environment , or internal components. This is essential to robots to perform their tasks, and act upon any changes in the environment to calculate the appropriate response.⦁How Amazon warehouse applies logistic robots to helpit to waste resource wasteHence, although robots can take our jobs, because they can help organizations to avoid resource waste, and it can bring negative effect to influence we lose jobs. ON behavorioral economic view, robots can help employers to reduce employees number, but it won't influence organizational overall performance to be worse or inefficiency, such as Amazon warehouse applies logistic robots to assist workers to deliver the right kind of goods to put on every correct shelf number position rapidly every day. Hence, one logistic robot can replace at least 10 store workers to do goods delivery tasks every day, e.g. one store worker needs to spend one minute to find the right kind of good to deliver to prepare to arrange to deliver it to fly to overseas client. Logistic robots only need 10 seconds to find the right kind of goods from the near 200 number shelves in Amazon warehouse as well as they are putting 300 different kinds of goods on these 200 shelves in Amazon warehouse every day.Because each logistic robot has very good memory. Each logistic robot must remember any kinds of goods , their putting number position on which shelf, e.g. when the worker needs to find the model laptop product from 300 different kinds of products,in Amazon warehouse. They are putting on 200 number shelves number following positions. IN general, human worker will need to spend about one minute to find the model of laptop product from these 200 number shelves in warehouse. For example, when one worker needs to find the brand Apple of one laptop product model: PHZ0123, when the warehouse has total 300 diferent kinds of products are putting on total 200 numbers of different shelves positions. Any one Amazon store worker must need to type this Apple brand laptop" Apple" name and its model number" PHZ0123 on the store computer as well as to search its putting on shelf number position from computer. Then, the Amazon store computer will find this laptop product to find its present putting on the correct shelf number position , e.g. 50 number of the shelf positon, or none stock record of all this model PHZ20123 laptop is sold out. So, Amazon store computer must need time to help this store worker to search this laptop product's putting on shelf number position as well as the worker needs time to walk to the right shelf number position to find this laptop product.
