Download or read book UK Us Future Unique Technology Development Difference written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-02-18 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoUS Future Unique TechnologyEnvironment protection technologySome economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong, China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.
Download or read book UK and US Future Unique Technology Development Difference written by Johnny Ch LOK and published by . This book was released on 2019-01-27 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoUS Future Unique TechnologyEnvironment protection technologySome economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong , China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.
Download or read book UK And US Future Unique Technology written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-04-23 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: I stressed a very important point, namely that the UK future high technological automatic product competitor China and India, namely that economies not only grow, but in the process change their structure. China and India have been industry very rapidly (the first transition) and building the physical infrastructure that accompanies industrialization changes to technology in the future. However, at a certain per capita GNP level the two countries, such as China and India will face another structural shift when which technological development will reach the mature stage in the future. China and India had been primarily historical pattern of economic development because the shift in the role of engine of growth from industry to services is to a much greater extent a qualitative shift. Both higher and different skills are required. And, even more importantly, interactions generating ideas driving the highly human-capital-intensive service economy require a much freer environment, not only in the economic area. Chinese exports have been heavily labor-intensive. This being the case, they contributed to the expansion of industrial employment, offering for the first time in the history of China a taste of (very modest) prosperity to more than 100 million new industrial workers and their families. This is the major component of the success accomplished by Chinese economic growth. Richer trade partners create room for more trade, so the Chinese should hope that intra-South trade, that is, trade between the emerging economies of Asia, the Middle East, Africa and Latin America, will open up new and growing opportunities. I presume that if Western economy, such as UK did not developed high technological automatic industry to stable their social welfare, so thoroughly slowed down their economic growth.Will it allow China to accomplish the transition to a mature, innovation, service-sector-based market economy? It has allowed the economy to industrialize much more successfully, even if the labor shift from agriculture to industry has not yet been completed. But it is a long way off the next major test: the second high technological industry transition of the economic structure to China. Bear in mind that Russia attempted it twice and failed at both attempts.But even, assuming that China at some point in the future does succeed in accomplishing the second transition, will it be able to supersede the USA, for example, as the main global high automatic technological innovation center if it wants to become the No.1 global high technological industry economy? Given the nature of the centralized state and its stability to collect financial resources, China's ability to increase research and development expenditure to high automatic technological products and to hire a mass of researchers, engineers, technicians and other specialists should not be doubted. This process in already taking place.
Download or read book FUTURE UK AND US TECHNOLOGICAL DEVELOPMENT DIFFERENCE written by John Lok and published by . This book was released on 2022-02-04 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides three parts. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth. It brings these two questions: What are future influential technological development trend to US and UK? Can technological resource shortage threaten UK and US technological service or product manufacturing industries development ?
Download or read book UK Us Future Predictive Technological Difference written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-25 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoExternal environmental impact Some economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong, China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.
Download or read book Futuer Technology Development Trend written by John Lok and published by . This book was released on 2022-01-05 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will answer these questions: What kind of technologies will be UK and US governments and businessmen who need to spend to invest and develop within ten years? Are environment and education and automatic manufacturing technologies will be UK and US future new technological development trends? What will be the difference between UK and US future technologies development both in the future?
Download or read book UK and US Future Unique Technology Competitive written by Johnny Ch LOK and published by . This book was released on 2019-01-26 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ecommerce social economic development technologyHas it relationship between social influence and economic environment in future US? For example, the social factors that are positively correlated with the economic growth ( i.e. the expected years of schooling and the life expectancy) and respectively, the factors that are negatively correlated with US future economic growth ( i.e. the US population or risk of poverty and the unemployment rate).The improvement of the US future economic environment will be an objective of the macroeconomic policy on short, medium and also long term. The importance of social factors upon US future economic growth, considering that the future used macroeconomic indicator, GDP per capita, is not most proper measure for the future US nation welfare. Due to GDP per capital fails to take into consideration some specific sectors of the US social economy, such as the black market.Until recently, some economists rely on culture is as a possible determinant of economic phenomena. However, in current years, better techniques and more date made it possible to identify systematic differences in people's preferences and beliefs and to relate them to various measures of cultural environment suggest an approach to introduce cultural-based explanation that can be tested and are able to substantially understand economic phenomena.The increased importance of social factors relies on a basic concept. Some theory is measured to economic growth which has wrong assumption. For example, the fiscal and monetary policies focused on increasing the national income, which lead consequently to economic growth. The reason most of economic opinions have been argued because whose opinions are based on a wrong hypothesis, according to which the nation welfare is based only on the level of income.Can social factors influence US future economic growth? Human development history, global life expectancy has been experiencing these stages: from the industrialization process, the technologic progress, the medical evolution, the scientific research, these stages were also related to internal causes, specific to some developed countries, e.g. US developed country. Thus, the differences are significant and are linked both to US life expectancy level and the GDP /capita. Such as US population is less than China population too much. Although, US land area is near to China area. It seems US will encounter life expectancy level need to prepare its technological development to raise economy growth of opportunity. For example, Africa and Asia are still facing major economic and social issues. The access to a health life and medical services are still long terms objectives for countries with low life expectancy.According to Harrison & Huntington (2000), the analysis of social factors helps understanding the human behavior with respect to consumption, savings, investment system, expectations and attitudes towards the economic circumstances, which also have a major impact on the economic growth. The evolutions of economic and social environment are needed for US future development. In order to eliminate the gap of living standard, outside resources and support US needs have good social indicators study plan to concern econometric model to rise poor people living standard in future US society between rich and poor people who are living in US. However, I believe the social factors include demographic and culture, population's structure factors which are one important social indicator to influence the distribution of the US social public income.
Download or read book UK And US Future Unique Technology Competitive written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-04-19 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Population growth technologySome economists found one key is that education and anti-discrimination policies well designed labor market and large and/or progressive tax and transfer system can all reduce income inequality . In many OECD developed western countries, income inequality has increased in past decades. In some countries, top earners have captured a large share of overall income gains, when for other income has risen only a little. Some see poverty as the relevant concern with the type of growth enhancing policy reforms advocated for each OECD developed countries and economic growth might have positive or negative side effects on income inequality.OECD (2011), it first highlights differences in some income inequality across the OECD and the factors driving them, such as cross-country differences in wage and non-wage income inequality as well as in hour worked and inactivity. OECD developed western countries can be divided into five groups to their pattern of inequality. For example, in five English-speaking countries ( Australia, Canada, Ireland, New Zealand, the United Kingdom) and the Netherlands wages are rather dispersed and the share of part-time employment is high, driving inequality in labor earnings above the OECD average means-tested public cash transfer and progressive tax.It seems income inequality will influence the developed countries, such as UK, Canada, Australia, New Zealand , US etc. economic growth. Although, technology change and globalization have played a role to influence the distribution of labor income. Some economists believe that any countries' policies will also influence income inequality. These policies factors include: technological education policies can increase different technology graduation rates from upper secondary and tertiary education and that also promote equal access to a well-designed different sector technology labor market policy can reduce inequality.A relatively high minimum wage narrows the distribution if labor income, but if set too high, it may reduce employment of inequality reducing effect. It tends to reduce labor earning inequality by ensuring a more equal distribution of earnings. Job protection reforms that make permanent and temporary contracts more even in their provisions low income wage dispersion of earnings is rather mixed, removing product market regulations can reduce labor income inequality by boosting employment, policies the faster the immigrants and fight all forms of discrimination reduce inequality, progressive tax policy play a key role in lowering overall income across the OECD developed countries.However, the redistributive fair income level between low level income labors and middle level income labors and high level income labors impact of developed countries, e.g. consumption taxes and real estate taxes tend to be regressive tax policy. Hence, it seems that reducing income inequality can cause the more fair income distribution between the high income level and the middle income level and the low income level labors. Then, it will let the developing countries or developed countries , such as US citizens feel that who can get real social welfare fairly, due to high technology development can boost economic growth in US society.Cheap medical development technology Some economists predict to make long term forecasts to reduce medical cost trends how will influence US economy. Also, they indicate short run cheap medical cost forecasts for first 1 to 5 years to reflect the particulars of specific groups, benefit packages, regional markets or cheap medical cost network providers and use their local cheap medical choice information and actuarial skills to improve accuracy and reasonability.
Download or read book UK Us Future Unique Technology Competitive Comparision written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-26 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Automation technology in manufacturing industryNowadays, UK computer and space explore technology had reached the mature stage. It means that UK government ought not need to continue spend much resource to research these two kind technologies. Otherwise, the automatic manufacturing technology, e.g. human intelligence new product. It has need to develop because human intelligence machines will bring beneficial to satisfy human everyday life need, e.g. hospital patients' activities need, if the patent who can not walk easily, but the human intelligence machine can assist the patient walk to anywhere conveniently. So, he/she does not need to sit on wheel chair and apply the human intelligence machine man to help him/her to drive on the intelligence automatic driving vehicle to go to anywhere conveniently. Otherwise, increased automation in low wage countries, e.g. China, Korea, Africa, Hong Kong etc. which have traditionally manufacturing firms, could use automatic technological manufacturing to bring lose cost advantage and potentially lose their ability of achieving rapid economy growth by shifting workers to factory jobs. So, UK government and businessmen needs to consider automation technology development, i.e. 3D printing manufacturing industry will encourage UK companies to move manufacturing process, closer to gain the biggest advantage from this 3D automation technology development. A growing concern of premature de-industrialization in energy and developing countries could require new models and a need un-skillful the UK workforce. In the future, the best way toward for UK cities will reduce their exposure to automation is to boost their technological dynamic and attract more UK skilled workers. Automation technology progress can give UK manufacturers' employee benefits, such as long term healthy productivity improvement, raising productivity efficiency and product quality, macroeconomic and microeconomic effects of automation technological change, it's change will be beneficial to UK society, i.e. automation active labor market policies, which could help UK job seekers find jobs from training to incentive to support self-employment to create high technological job employment chance in UK society. So, raising science, technology, engineering and math subjects update skills level are needed to UK any universities, which can be increasingly important in UK society, these factors could complicate the ability of UK high automation technology education to adopt to the UK automation manufacturing technological change. A talent mismatch already exists in UK, with many well UK educated workers can find employment in lower-skilled jobs. To combat this, greater coordination will be needed between the education, training and employment sectors in UK society.Why are high automatic technology product development models needed to research to UK any manufacturers? UK government and manufacturers need to consider how to achieve high technology product development models. According to Hauser et al. (2006) indicated the high technology (high tech.) development process, is influenced by the innovative process, bringing products on exception value which stimulate product market demand. Innovation provides products the specific basis for which world economies compete with each other on the global market. Able to find new solutions, innovations generate significant changes in existing markets, destroy them, or create new marketing ( Hauser et al. 2006). So, UK manufacturers need to concern on any manufacturing high technology product development process because which can influence any new products development to manufacture to sell to any overseas or domestic both markets successfully.
Download or read book Factors Influence Future UK and Us Technological Development written by Johnny Ch Lok and published by . This book was released on 2021-04-17 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distance learning education technologyIn the past, there fundamental forces have shaped US work labor market, includes an increase in the returns to education. General education upgrading and the large numbers of female need to work. How educational attainment, demographics and human capital will be predicted to influence US future labor market. Some economists believe education is useful to influence US future labor market. They indicate the social returns to education policies today depend on the relative prices that labor of different educational levels will command in future US labor market; current US labor market trends appear to leave a large group behind; less educated males. The rationale for social policies target specifically to this population is strengthened if predicted future outcomes in US labor market will lead this less educated male group numbers to fall down.How to supply educational level components to influence future changes in US labor supplied? It can change in the size of the US working age population, it can change in hours worked conditional on being of working age, and it can change in the skills (effective human capital units) to US workers of different education levels, gender and age . In US, the labor is supplied by both highly educated men and women increased substantially relative to the supply of labor by the less educated. Among US males this is largely, due to an increase in educational attainment; highly educated US males did not differentially increase their supplied compared to less educated males nor did their experience differential increases in their human capital policy in US. For US females, some economists found large increases in the labor supplied by US working age women that are due to both large increases in hours worked and increase in educational attainment. So, I assume that future US will have many high educational level female labors to work in US society.Today, human history is at the beginning of a growth industrial revolution. Developments in genetics, artificial intelligence, robotics, nanotechnology, 3D printing and biotechnology will be popular to influence US future job market change. For example, smart systems, product-homes, factories, farms or cities with help to solve problems ranging from supply chain management to climate change. The rise of the sharing economy will allow US human to monetize everything from their empty house to their car. Due to the future patterns of consumption will change to trend high technology life enjoyment, it will cause production and employment will also change to employ high technological production labor. As entire industries adjust, most US occupations are changed to high technological manufacturing industries. When some US jobs are threatened by others grow through a change in the skill sets required to do them. a key element in understanding how the benefits and burdens of the growth. Nowadays, the current technological changes of humans and machines, but rather an opportunity for work to truly become a channel though which human recognize full potential. As US is a high technological developed country. I assume many US employers will choose to act to be the first high technological and invention manufacturing leader to encourage which labors need to learn high technological production methods to prepare manufacture any new technological products to sell in the future US domestic or foreign both markets. Thus, it is possible that future high technological manufacturing labor numbers will be shared large go e.g. 50 to 60% future total US labor market.
Download or read book Future Technology Development Influences Human Living Standard written by Johnny Ch LOK and published by . This book was released on 2018-03-24 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, UK and US is one effort technological development country. I believe they have effort to develop any technology, e.g. building, space navigation, bioscience, computer, medical etc. different technological development. However, in the economic theory view point, it indicates our earth has limited and scare natural resource to supply human to use, so if UK and US government or businessmen made wrong decision to choose to concentrate on developing any one of the non-important or urgent needs of technology, then UK and US countries will face to use any scare natural resource to develop the important or urgent needs of technology to provide UK os US citizen and their next generation to satisfy their future needs. Thus, how to allocate to apply the natural resource to develop which kinds of high technology issue which is one valid research question to UK and US societies nowadays.In fact, UK and US building technology had reached the mature stage, the building technology innovation is very excellent to compare other countries. So, UK and US governments do not need spend more resource to invest to building technology aspect. Also, the biotechnology technology is excellent to satisfy any hospital patients' needs. Even, computer technology and space navigation technology are also excellent to compare other countries. UK and US had invented many different kinds of new computers or space navigation products to satisfy UK and US citizen's needs. So, UK and US governments do not need to encourage to provide financial support to any UK businessmen to develop these two kind technologies.This book will anwer these questions: What kind of technologies will be UK and US governments and businessmen who need to spend to invest and develop within ten years? Are environment and education and automatic manufacturing technologies will be UK and US future new technological development trends? What will be the difference between UK and US future technologies development both in the future?
Download or read book Developed and Developing Countries Future Predictive Technological Difference written by Johnny Ch LOK and published by . This book was released on 2018-12-14 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides three parts. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth. It brings this question: What are future influential technological development trend to US and UK?This book concerns to be given on my opinions and some economists' opinions to UK and US both countries government and businessmen what will be the most urgent important needs to develop on the technological product investments aspect. I shall indicate the online teaching technology and environment protect technology, such as natural energy, farming environment protect technology etc. as well as automatic technology in manufacturing industry , such as human intelligence products to give my reasons and some economists' reasons to explain to support why these three technological developments will be valid to invest to develop to UK society in the future. In this book final part, I shall give reasons to explain why some economy theories can be proved to satisfy these technological factors requirement to predict which can influence US and UK future economic growth. The economy theories include: welfare economic theory, Kaldor -Hicks efficiency theory, Pareto improvement theory, industrial production and pollution economy theory, natural rate of unemployment theory. Finally, I hope readers can attempt to analyze whether these economic theories can be applied to explain whether these technological factors can assist US and UK future economic growth.My view point and the economists both view point will be valid to be judged whether these three new technological development will be the most urgent important needs among other technology development to UK and US society within ten year. I hope that our ideas can assist UK and US government and businessmen to make the right decision to concentrate on developing these three technological development within ten years.
Download or read book UK Us Future Predictive Technological Development written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-21 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural rate of unemploymentEconomists believe why natural rate of unemployment will occur in any countries. They indicate that during economy condition keeps at the balance situation ( condition), anyway any country government adopts any policy. However, the natural rate of unemployment won't reach to zero level as well as there are some people will still unemployed or it is possible that some people will be alternative employment between any time. Hence, it means that although US and UK is an developed country. It can not guarantee there are not any people unemployed, so the natural rate of unemployment will not reach to zero level.So, it seems that US and UK current economy condition had kept at the balance situation ( condition). Thus, even future science, technology, engineering and mathematics workers will drive US innovation and competitiveness by new ideas, new companies and new industries in US. However, US and UK employers frequently concern the supply and availability of this kind of workers. Over the past 10 years, growth in this kind of jobs was three times as fast as growth to general jobs in US. In the future the Natural rate of unemployment of US and UK science, technology, engineering and mathematics worker number must not reach zero level.Anyway, in the future, the perspective of bio-medical industry will be an alternative growth scenario. So, US and UK government will need to modest improvements in key policy areas to adopt bio-medical industry needs, e.g. more favorable coverage and payment policies for medical innovation, improvements in regulatory policy to create efficiencies in research and development process and improvements in policy to incentive R & D ( research and development) create efficiencies in the R & D process.As an industry rooted in science and advanced manufacturing, the innovation bio-medical industry is uniquely position to help maintain US leadership in new technologies and scientific to continue to create high quality, high wage R&D and manufacturing jobs and enhance America's global competitiveness in the future. In the future the Natural rate of unemployment of US and UK of bio-medical industry worker number must not reach zero level. Thus, if future US had enough job number which could supply to these high technological and bio medical industries of labors to do. However, the natural rate of unemployment must not reach at zero level and it does not represent its economy is poor because one developed country, such as US had been experiencing economy condition keeps at the balance situation( condition), so it's natural rate of unemployment must not reach zero level . Otherwise, the developing countries
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book How Future Technology Development Influences Human Living Standard written by Johnny Ch Lok and published by . This book was released on 2017-12-02 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will anwer these questions: What kind of technologies will be UK and US governments and businessmen who need to spend to invest and develop within ten years? Are environment and education and automatic manufacturing technologies will be UK and US future new technological development trends? What will be the difference between UK and US future technologies development both in the future?
Download or read book UK and US Future Predictive Technological Development written by Johnny Ch LOK and published by . This book was released on 2018-11-21 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: PrefaceThis book divides three parts. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth. It brings this question: What are future influential technological development trend to US and UK?This book concerns to be given on my opinions and some economists' opinions to UK and US both countries government and businessmen what will be the most urgent important needs to develop on the technological product investments aspect. I shall indicate the online teaching technology and environment protect technology, such as natural energy, farming environment protect technology etc. as well as automatic technology in manufacturing industry , such as human intelligence products to give my reasons and some economists' reasons to explain to support why these three technological developments will be valid to invest to develop to UK society in the future. In this book final part, I shall give reasons to explain why some economy theories can be proved to satisfy these technological factors requirement to predict which can influence US and UK future economic growth. The economy theories include: welfare economic theory, Kaldor -Hicks efficiency theory, Pareto improvement theory, industrial production and pollution economy theory, natural rate of unemployment theory. Finally, I hope readers can attempt to analyze whether these economic theories can be applied to explain whether these technological factors can assist US and UK future economic growth.My view point and the economists both view point will be valid to be judged whether these three new technological development will be the most urgent important needs among other technology development to UK and US society within ten year. I hope that our ideas can assist UK and US government and businessmen to make the right decision to concentrate on developing these three technological development within ten years.
Download or read book UK And US Future Unique Technology Competitive Competitive written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-04-19 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Genetics, human intelligence, robotics, nanotechnology, 3D printing and biotechnology technological industryIn US future, these kinds of jobs will be needed to increase development in genetics, human intelligence, robotics, nanotechnology, 3D printing and biotechnology. For example, smart systems homes, factories, farms grids or cities will help tackle problems ranging from supply chain management to climate change. The rise of US economy growth will allow US people to monetize everything from their empty house to their car in US. These new technological products development will change US patterns of consumption, production and employment adaption are also be changed by US corporations, US government and individuals.Why will the technological revolution be broader socio-economic, geopolitical and demographic drivers of change to influence future US social economic and consumption pattern change? Future US most occupations will also be changed. When some traditional old jobs are threatened by redundancy and other new technological jobs will grow rapidly, existing jobs are also changed in the skill sets required to do them. The debate is between some economists foresee limitless new job opportunities and foresee massive dislocation of US jobs. In fact, the reality is highly specific to future US high technological production industry, region and high technological occupation in question as well as how US production workers can be raised themselves ability to actions the upgrade level of high technological production ability from various stakeholders to manage high technological production method change.Overall, this is a modestly positive outlook of US high technological production employment across future most high technological production industries with jobs growth expected in several sectors. However, it is also clear that this need for more talent in certain job categories is accompanied by high skills instability across all job categories. Combined together, future US net job growth and skills instability result in most US businesses with face major recruitment challenges and talent shortages, a pattern already evident in the result and set to get worse over next five years in possible.The question is how US businesses, government and individuals will react to these new technological job changes, due to talent shortage, mass unemployment and growing inequality challenges will encounter in future US society.The current technological revolution does not need become a race between humans and machines , but rather an opportunity for work to truly become a channel through which US people recognize their potential. So, if US traditional low manufacturing skillful workers lack talent to learn new skills to prepare to do future new technological manufacturing jobs, such as 3 D printing, robotics, nanotechnology, biotechnological high technological products manufacturing jobs. Then, it will cause increasing of unemployment rate to some not talent US low manufacturing skillful workers. So, US government or high technological product industry employers need to consider this future unemployment challenge will be caused by high technological products manufacturing changing influences. It seems high technological development will cause these low manufacturing skillful workers unemployed rising numbers as well as high manufacturing skillful workers human capital shortage global challenges will exist.