Download or read book Artificial Intelligence Raises Efficiencies written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-06 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides two part: Artificial intelligence how raises efficiencies as well as how and why it can be influenced to bring to avoid wage inequality welfare. This book part first is concerned how to apply artificial intelligent machine or robot to raise productivive efficiency in factory. I shall assume that (AI) robotic can assist labours to raise productivities and bring raising efficiency. Then it brings these both questions as below: Research question: How to apply (AI) technology to raise labor efficiencies or productivities?Research question: Why and How (AI) technology can help employers to evaluate or measure whom has higher or lower productive efficiencies in order to evaluate the more reasonable or equal wages to every worker when it applies (AI) technology to assist labours to manufacture any products?The first part is intended to explain why and how (AI) technology and raising productivity or efficiency has close relationship. First part gives some artificial intelligence technologic concepts to indicate why and how (AI) can raise labor productive efficiency to assist labor to work in factories. This book first part is suitable to any managers have interest to learn how to apply (AI) technological productive method to achieve economic benefit in factories . In this part, the main important aim, I give examples to explain how to apply (AI) technology to raise labor productive efficiencies really.This book second part to explain why and how AI can bring advantages to organizations to reduce wage more inequality when they apply AI technology to assist labor to raise efficiencies. I shall indicate Japan, China, America three countries to explain they applied (AI) technology to assist labors to productivities, then they can raise efficiencies, even avoid the wage inequality causes. For example, why and how (AI) can reduce regular/non-regular wage gap when Japanese and Chinese manufacturing firms apply (AI) technology to raises efficiency as well as causes the wage is paid more fair to their labours. Also, I shall explain why and how any country's firm will bring more efficiency and more fair wage equality when they applied (AI) technology to assist labours to produce. Finally, I write this book aims to explain how the process of (AI) technologic robots field develops to assist employees to raise productive efficiencies. I shall indicate how and why book supplier and entertainment theme park and educational service example to explain how these service industries can apply (AI) robotic machines to assist employees whether (AI) can assist raise efficiencies as well as how and why these service industries can apply (AI) to assist teachers or entertainment service staff or warehouse book printing staff to bring the raising efficiencies benefit in order to evaluate their staffs whom has higher efficiencies or lower efficiencies to evaluate the more reasonable or equal wage consequently.
Download or read book Why Artificial Intelligence Raises Efficiencies To written by Johnny Ch Lok and published by . This book was released on 2019-07-16 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: How and why (AI) technology can be applied to service industry, instead of manufacturing industry? I shall explain how (AI) technology can encourage consumption behaviors when it is applied to service industry as below. I shall apply behavioral economic theory to (AI) technology to indiate how it can enourage consumption when it is applied to service industry. At the core of behavioral economics is used psychology of economics analysis to improve economics on its own terms generating theoretical insights, making better prediction of field consumption of behavioral phenomena, and suggesting better policy to any company or government decision makers. It rejects economic theories based on utility maximization, equilibrium and efficiency. It is useful because it provides economists with a theoretical framework that can be applied to almost any form of economic ( and even non-economic) behavior to predict behavioral consumption more easily to businessmen. So, behavioral economy is different to general economy concept, it applies psychological methods to attempt to predict consumption behavior.Simpifying much assumption that are not central to the economic theory to apply to psychological behavior. Other assumption simply acknowledge human limits on computational power and self-interest. These assumptions can be considered procedurally rational because human needs to solve problems that are often so complex that who can't be solved exactly by even modern computer technology. So, if businessmen apply psychological method to predict behavioral consumption to earn the more benefits or profit, it is more reasonable to compare to apply computer methods to predict consumption behavior.
Download or read book Artificial Artificial Raises Efficiencies and Brings Wage Equality written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-28 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides two part: Artificial intelligence how raises efficiencies as well as how and why it can be influenced to bring to avoid wage inequality welfare. This book part first is concerned how to apply artificial intelligent machine or robot to raise productivive efficiency in factory. I shall assume that (AI) robotic can assist labours to raise productivities and bring raising efficiency. Then it brings these both questions as below: Research question: How to apply (AI) technology to raise labor efficiencies or productivities?Research question: Why and How (AI) technology can help employers to evaluate or measure whom has higher or lower productive efficiencies in order to evaluate the more reasonable or equal wages to every worker when it applies (AI) technology to assist labours to manufacture any products?The first part is intended to explain why and how (AI) technology and raising productivity or efficiency has close relationship. First part gives some artificial intelligence technologic concepts to indicate why and how (AI) can raise labor productive efficiency to assist labor to work in factories. This book first part is suitable to any managers have interest to learn how to apply (AI) technological productive method to achieve economic benefit in factories . In this part, the main important aim, I give examples to explain how to apply (AI) technology to raise labor productive efficiencies really.This book second part to explain why and how AI can bring advantages to organizations to reduce wage more inequality when they apply AI technology to assist labor to raise efficiencies. I shall indicate Japan, China, America three countries to explain they applied (AI) technology to assist labors to productivities, then they can raise efficiencies, even avoid the wage inequality causes. For example, why and how (AI) can reduce regular/non-regular wage gap when Japanese and Chinese manufacturing firms apply (AI) technology to raises efficiency as well as causes the wage is paid more fair to their labours. Also, I shall explain why and how any country's firm will bring more efficiency and more fair wage equality when they applied (AI) technology to assist labours to produce. Finally, I write this book aims to explain how the process of (AI) technologic robots field develops to assist employees to raise productive efficiencies. I shall indicate how and why book supplier and entertainment theme park and educational service example to explain how these service industries can apply (AI) robotic machines to assist employees whether (AI) can assist raise efficiencies as well as how and why these service industries can apply (AI) to assist teachers or entertainment service staff or warehouse book printing staff to bring the raising efficiencies benefit in order to evaluate their staffs whom has higher efficiencies or lower efficiencies to evaluate the more reasonable or equal wage consequently.
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 Artificial Intelligence Raises Efficiencies and Brings written by Johnny Ch LOK and published by . This book was released on 2018-12-30 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter FourThe reasons why and how AI can avoid wage inequality to the organization laboursWhat do wages buy? How work force responses to an efficiency wage, productivity, turnover. For example, given the choice of what cause the wage inequality of difference between the America and German employment policies. I would take the German goverment policy system for example because it is more social and human. Otherwise, I would take the America government policy system because American government understands capitalism of the free market. Such as German and America is one heavy industry manufacturing country, it is famous to manufacture car, steels, boat, etc. different steel manufacturing product. So, if robotics are popular to be used to manufacture any products which are needed to use steel to manufacture. Then, German and America factory labors who need to learn how to apply robotic to cooperate with them to manufacture any kinds of steel products more efficiently. So, it is simple that German and America heavy industry manufacturers can easily to evaluate whether wage determination to whom when every labor individual wage is needed to be raised, because he/she can cooperate with robotic to manufacture any kinds of steel products more efficiently. SO, the lower efficient labors won't ought be raised her/his wage easily. SO, roboic working participation will bring either raising efficiency to some factory workers when they can learn how to cooperate with robotic more easily or not raising efficiency to some factory workers when they can not learn how to cooperate with with robotic difficultlyHow robotic brings productive efficiency benefits to labors as these both view points as below:First, on the robotic working participation view point, I think, due to the nowadays technological development factor, we need more labours who need own highly qualified and skillful labours need to be motivated than in past employees who did not need own highly qualified and did not need motivated. Besides, in this regard, a preventative robotic working participation strategy is the best strategy to reduce the wage inequality, because the manager can apply robotic participation to every labor individual job in order to evaluate how much every worker actual ability owns either he/she can raise efficiency or he/she can not raise efficiency from robotic assistance . For example, these three countries, such as Japan, China and America were , it would be a different robotic working participation to every worker individual working matter strategy to avoid themselve any employees feel wage inequality habitually , due to none robotic participation with their jobs in their manufacturing processes.
Download or read book Artificial Intelligence Raises Efficiency and Productivity written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-04-14 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenges of (AI) big data gather shapingthe future of retail for consumer industriesAnother challenge of (AI) big data gather is that how to shape the consumer behavior to let business owner to feel or know oe predict. It means that how it express it's conclusion or opinion for every consumer behavior after it had gather all big data in any data gather period, e.g. three months, half year or one year consumer shopping model data gather period.Because every kind of industry, consumers will continue to demand price and quality change , with a wide range of convenient fulfilment options among of different kinds of products or services supply. Overall, the (AI) big data gather procedure gives opinion concerns every time retail experience will become more exciting, simple and convenient, depending on the consumer's ever-changing needs. So, I believe that (AI) big data gather every conclusion or result will be different, due to consumer's price and quality demand will often change to every kind of product or service supply in retail industry. So, how to shape (AI) big data gathering's analytical conclusion or result more clear. I shall recommend organizations need to build great understanding of and a stronger connection to increasingly empowered consumers before they plan and implement how to apply (AI) big data gather tool to predict consumer behavior as below:Firstly, (AI) is empowered by technology, the consumer is redefining value. The traditional measures of cost, choice and convenience are still relevant, but not control and experience are also important. Globally, consumers have access to more than 2 billion different products choice by a wide range of traditional competitors and dynamic new entrants, all experimenting with new business models and methods of client engagement. As choice increases, loyalty becomes more difficult familiarity and the consumer becomes more empowered. Businesses will have no choice and constantly innovate and disrupt themselves by meeting new technologies of high standards and expectations of consumers. So, (AI) data gather tool will need to follow different target group of consumers' needs to follow their different kinds of product design or style choice preferable to gather data in order to conclude the different target groups of consumer behavior to give opinion more clear and accurate to let businessmen to understand more clear how its customers' behavioral choice trend in the future half month, even to two years period.Secondly, businessmen need to adopt changing technologies rapidly. Technology will be the key driver of this retail industry. Industry participants will only success if they have a clear prediction to focus on how to using technology to increase the value added to consumers. They must , however, do so will I realistic assessment of their costs and benefits. Hence, (AI) big data gather technological tools will need to design to help them to gather data efficiently by these ways, such as the internet of things ( IOT), artificial intelligence (AI) machine learning, augmented reality (AR)/virtual reality (VR), digital traceability. So, future (AI) big data gather tool are predicted to be most influential customer behavioral positive emotion changing tool for retail , due to their widespread applications , ability to drive efficiencies and impact on labor in order to impact consumer behavior changing effort from negative emotion to positive.Thirdly, (AI) big data gather tool is an advanced data science of consumer behavior predictive tool. Businesses will have to bring the journey from simply collecting consumer data to using it to scale and systematize enhanced decision making across the entire value chain. When focused on their business goals, industry players should not lose sight of the impact that future capabilities and transformative business models may have on society.
Download or read book How Artificial Intelligence Raises Efficiencies And Improves Performance written by Johnny Ch Lok and published by . This book was released on 2020-04-07 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can ARTIFICIAL INTELLIGENCE intentions Disney visitor behavior be predicted by survey research ?How can be survey research measured that is applicable to intentions, attitude or satisfaction data to predict consumer behavior? Whether surveyed consumers will be predicted how consumers behavior are more easier than non surveyed consumers. Most academic studies of satisfaction use consumers' intention to repurchase as the criterion variable ( for an exception, see Bolton 1998), and most companies rely on consumers' purchase intentions to forecast their adoption of new products or the repeat purchase of existing ones ( Jamieson and Bass 1989).In practice, some consumer psychologists' studies adjust the intention scores by analyzing that actual purchase behavior of consumers whose purchase intentions have been measured previously. For example, the popular ACNIELSEN BASES model forecasts aggregate purchase rates by applying conversion rates to measured purchase intentions ( e.g. it seems that 75% of consumers who checked the top purchase-intentions box will actually purchase the product). To obtain these conversion rates, BASES uses previous studies that measured the purchase intentions of consumers and then tracked their actual purchases. However, investigating whether survey research is useful to measure consumer behavior. It has a weak point, a limitation of these studies is that companies ( businessmen) focus on the internal rather than the external accuracy of purchase-intention measures. That is, the company studies measure the improvement in the ability to forecast the behavior of consumers whose intentions who previously measured for survey research experiments, not the behavior of consumers whose intentions who did not measure. Therefore, the studies assume that the companies can predict the intention-behavior relationship of non-surveyed consumers on the basis of the relationship that surveyed consumer exhibit.It would suggest that studies measure the strength of the association between intentions and behavior on the same sample of consumers overstate that external predictive accuracy of purchase intentions by survey method. This would explain why so many new products fail even after which are performed well in purchase-intention tests by survey method. I shall suggest survey framework distinguished between two sources of measurement reactivity. The first is self-generated validity effects, it is as a strengthened relationship between latent intentions and behavior, due to the measurement of intentions from post-survey research. The second source includes all measurement effects that are independent of latent intentions, such as those that social norms or post-survey intention modifications create.
Download or read book How Artificial Intelligence Raises Efficiency and Performance written by Johnny Ch LOK and published by . This book was released on 2018-12-13 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides two part : Artificial intelligence raises productive efficiency and service performance. This book part first is concerned how to apply artificial intelligent machine or robot to raise productivive efficiency in factory.Research question: How to apply artificial intelligence to raise labor productive efficiency?Research question: How to apply (AI) technology to raise labor efficiencies or productivities? The first part is intended to explain why and how (AI) technology and raising productivity or efficiency has close relationship. First part gives some artificial intelligence technologic concepts to indicate why and how (AI) can raise labor productive efficiency to assist labor to work in factories. This book first part is suitable to any managers have interest to learn how to apply (AI) technological productive method to achieve economic benefit in factories . In this part, the main important aim, I give examples to explain how to apply (AI) technology to raise labor productive efficiencies really.Research question: How to apply (AI) technology to assist employees to improve service performance to serve clients? This book second part is concerned how to apply (AI) technology to raise service performance. Also I shall compare to explain what advantages and disadvantages when the organization either choose to apply (AI) or not choose (AI) to assist employees to serve clients, these any one sample industry encounters customer complains, due to it lacks (AI) technologic assistance to aim to let any reader to judge whether how to choose the solvable method is better. In, conclusion, this book can provide sample industries to let students to feel whether (AI) technology will raise labor productivities or efficiency or service performance. In part two, it shall indicate how the process of (AI) technologic robots field develops to assist employees to serve clients to let they feel more satisfactory and reduce any unreasonable complains. I shall indicate underground train and Disney entertainment theme park and University and unground train transportation and environmental protection businessmen etc. enterprises to explain how which can apply (AI) robotic machines to assist employees to provide more excellent service to let them to feel. Thus, I shall assume that if one company or individual businessman can apply (AI) technology to assist employees to serve clients in shopping center or restaurant etc. or assist them to produce any products in factories. Then they have more confidence to attract more clients or reduce labour turnover. I shall give insurance and travel both industries to explain how to apply (AI) technology to serve insurance or travelling clients solve consumer behavioral prediction as well as I shall indicate some methods to explain how to apply (AI) technology to assist manufacturers or service providers to attempt to solve some challenges encountering when who attempt to raise service performance or productive efficiencies.
Download or read book Why Artificial Intelligence Raises Efficiency written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-22 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why will (AI) technologic knowledgeable robotic workers be raised productivity ?Future, (AI) robotic workers can assist knowledge labors to raise productivity from internet channel. Social science can explain knowledgeable jobs will be useful and popular and assisting labors to raise productivity to work at home online working environments. Within social science, in such discipline is sociology and human psychology and geography which indicates internet technology have changed to online working place environment, sense of working place, online employee role identity, everyday online work and life style, website global working communication and email online communication working interconnections. It seems internet brings access to social, economic and political resources to effect change to both individual and social working conditions, such as employers accept to attempt to use internet to assist office staffs to work at home, e.g. many book publishing businesses like to attempt to publish electronic books from online book store, instead of book shops channel to sell paper books. So these online book stores give chance to authors to publish electronic books or online paper books from online sale channel to earn loyalty income. For example, Amazon online electronic bookstore can publish electronic books and online paper books to sell all one day 24 hours to any countries' readers from its website, so when any countries' readers can enter its website to choose any different kind of subjects of electronic books to buy by visa card conveniently. Such as fiction, psychology, economy, science, law, architecture, medicine, commerce, management etc. subjects. So, any country's reader who does not need to buy air tickets to go to the country's book shop to buy the paper book, who only needs to pay visa card to buy the electronic or online paper books from Amazon publishing's website to buy any countries' electronic and paper books and then the overseas reader can choose either to download it from whose home computer or pays more price to deliver the online paper book to post to whose country conveniently. Hence, this online bookstore sale method will be popular and many free work authors will choose to work to raise the productivity of more quality electronic books numbers from this internet channel. However, the consequences of global change are far from uniform with globalizing influences and adapted as new technological, economic and online working cultural experiences are incorporated by any countries' staffs of any cities, towns and rural areas into their everyday work lives from long distance easily. Since one company can employ different countries' staffs to work from internet working channel at their homes. For example, a America company can employ overseas countries' staffs to work at the same time together by sending job duties from email communication channel among them when the America company has any job arrangement to notify to any staff to finish it any time, then the overseas staff finish the job and who can send whose finished documents to whose America employer any time. It seems the overseas staffs whose working hours can be flexible and those working hours have no regular office working hours to be fixed time table, so they do not need to work in any fixed working time table every working days, who can send their finished office documents to whose employers after who have finished their documents by either email communication channel or office online website downloads office download any time conveniently.
Download or read book How And Why Artificial Intelligence Raises Productive Efficiency written by Johnny Ch Lok and published by . This book was released on 2021-04-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why does (AI) and digital transformative combination technologies raise productivity growth or improve service performance? From 1995 to 2004 year, US experienced an acceleration in productivity growth, largely reflecting gains associated with the diffusion of ICT technologies. From the early to mid-2000 year onward, productivity growth has slowed down. The potential impacts of the ongoing digital transformation on productivity also need to consider in the context of this long term slowdown. When, the precise reasons for today's productivity remain difficult to a number of factors are likely to contribute as below factors: The first factor that has limited the impacts of digital transformation is the state of diffusion of digital technologies across the economy. When, many firms now have across to broadband networks, the use of more advanced digital tools and application with firms still differs greatly across countries. Moreover, these are important differences between rapid technological change, advanced technologies are initially only adopted by some leading firms and then only later diffuse to all firms as the technologies because more established new business models grow, such as applying digital and (AI) technological combine method to raise productivity growth is caused and costs fall. Consequently, these is large demand between what can be automated from a technical point of view and what may already be implemented by frontier firms and what is actually being achieve to raise productivity growth aim. So, (AI) and digital transformative technology influence future raising productivity growth or improving service aim achievement for many manufacturing and service industry demand.The second factor indicator that the available evidence suggests that the wide-spread benefits of digitalization productivity are not enough. Firms expect to help strengthen investment ( in tangible and intangible assets), e.g. (AI) technology. The same time, there are now starting to experience labor shortages, e.g. in certain technical occupations, such as data scientists. Due to the technological change is fast and growing demand for productivity growth has been increasing. SO, it will influence future (AI) robotic learning system and digital technological combination to be applied to manufacturing and service industries' needs to be raised. Due to many firms expect to find methods to raise productivity growth in order to reduce production costs.However, (AI) and digital technological development can cause multiple forms of disruption, from shifts in demand for workforce skills to changes in market structure, the need for new business models, new patterns of trade and investment. The (AI) and digital potentially transformative technologies can create new inventions, e.g. from quantum computing and advanced energy storage to new forms of 3D printing, big data analytics and neuro-technologies. These new product creative industries must lead the new product manufacturers to expect to learn how to apply (AI) and digital technology to raise productivity growth when their manufacturing processes. IN fact, (AI) is the ability of learning machine and system to acquire and apply knowledge and carry out intelligent behavior. Early efforts to develop (AI) centered on defining rules that software could use to perform a tack, such systems would work in speech recognition, (AI) skill. Increase in computational power, new statistical methods and advances in big data, have brought major breakthroughs to the field of (AI), especially in " vertical " (AI) like automated vehicles as opposed to " general". (AI) with machine learning algorithms that identify complex patterns in large data sets. Software applications can perform tasks and simultaneously learn how to improve productive performance.
Download or read book How Can Artificial Intelligence Raise Efficiencies To Avoid Wage Inequality written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-03-30 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: How and why (AI) technology can be applied to service industry, instead of manufacturing industry? I shall explain how (AI) technology can encourage consumption behaviors when it is applied to service industry as below. I shall apply behavioral economic theory to (AI) technology to indiate how it can enourage consumption when it is applied to service industry. At the core of behavioral economics is used psychology of economics analysis to improve economics on its own terms generating theoretical insights, making better prediction of field consumption of behavioral phenomena, and suggesting better policy to any company or government decision makers. It rejects economic theories based on utility maximization, equilibrium and efficiency. It is useful because it provides economists with a theoretical framework that can be applied to almost any form of economic ( and even non-economic) behavior to predict behavioral consumption more easily to businessmen. So, behavioral economy is different to general economy concept, it applies psychological methods to attempt to predict consumption behavior.Simpifying much assumption that are not central to the economic theory to apply to psychological behavior. Other assumption simply acknowledge human limits on computational power and self-interest. These assumptions can be considered procedurally rational because human needs to solve problems that are often so complex that who can't be solved exactly by even modern computer technology. So, if businessmen apply psychological method to predict behavioral consumption to earn the more benefits or profit, it is more reasonable to compare to apply computer methods to predict consumption behavior.Theories in behavioral economics should be judged by reality, generality and tractability concepts to apply why we ( consumers) do our behavior ( consumption of choices) from psychological analysis. We share the positivist view that the ultimate test of a theory is the accuracy of its predictions. But we also believe that better predictions are likely to result from theories with more realistic assumptions. In psychology, such as connectionist models that capture some of the essential features of neural functioning, which are based on utility maximization, yet are reaching the point where they are able to predict many judgemental and behavioral phenomena. Contrary to the positivistic view, however, businessmen ought believe that predictions of consumers' feelings ( e.g., of subjective well-being) should be an important goal to earn more profit more easily.Most of the ideas in behavioral economics are not new. When economics first became identified as a distinct field of study, psychology didn't exist as a discipline to apply to economy subject. For example, "invisible hand" and "the wealth of Nations" which belong to theory to moral sentiments, which laid out psychological principles of individual behavior that are arguably as profound as whose economic observations. Another example, such as a simple model of social utility means that one ( consumer) or person's utility was affected by another person's, such as whose family or friends' influence why to choose to buy this product or use this service in consumption market.
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 Artificial Intelligence Raises Consumption Market written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-30 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: IntroductionNowadays, artificial intelligent robotic technology which is one kind of popular tool to help workers to work in factories or offices or serve clients in restaurants or shopping centers. It brings this question: Can artificial intelligent robotic machine men assist workers to raise productive efficiencies or improve service performance? All workers are replaced by artificial intelligent robotic machine or some workers are replaced by artificial intelligent robotic machine which can raise more productive efficiencies or improve better service performace ?If one factory or one office only applies artificial intelligent robotic machine men to replace human labors to help its different departments to do any tasks, whether can its (AI) robotic machine men help them to raise productive efficiencies ? If one restaurant or one shopping center only apply (AI) robotic machine men to help to serve clients, whether can its (AI) robotic machine men help them to improve service performance? Is it better to apply half manual labors and half (AI) robotic machine men to work in one organization in order to raise productive efficiencies or improve service performance?In my this book, I shall indicate some cases to explain how and why (AI) robotic machine men can either raise productive efficiencies or improve service performance or they can't either raise productive efficiencies or improve service performance in any situations. Managers or employees can evaluate whether how to apply (AI) robotic machine men to assist them to work in their workplaces in order to achieve the most beneficial advantages to their organization's different departments' raising productivity and efficiency and service performance improvement aims.This book concerns how to apply artificial intelligence technology to apply to US some consumption market. I shall explain how to apply (AI) technology to these America consumption market to raise their food or product productivity growth efficiently. I shall indicate some popular American consumption market of some consumer products and foods as well as manufacturers' production of material consumption products. This book brings two questions: (1)Can apply (AI) technology to raise these US food and product productivity growth?(2) Will these US food and product quality influence to be poor after (AI) technology is applied to raise productivity growth ? The manufacturers material and consumers product researching topics include: How to apply (AI) technology to raise future U.S. tobacco productivity growth? How to apply (AI) technology to raise steel material productivity growth for manufacturing industries? How to apply (AI) technology to raise minerals productivity growth for U.S. manufacturing industries? How to apply (AI) technology to improve oranage fruit and vegetables logistic transportation speed in efficient way in warehouses? How to apply (AI) technology to improve U.S. alcohol logistic transportation speed in efficient way in warehouse? How to apply (AI) technology to improve U.S. energy service performance to satisfy energy users' needs? How to apply (AI) tehnology to improve wine and tea logistic transportation speed in warehouse? How to apply (AI) technology to improve pork logistic transportation speed in warehouse? How to apply (AI) technology to improve U.S. tourism entertainment service performance to satisfy traveller needs? How to apply (AI) technology to impove sugar logistic transportation speed in warehouse? How to apply (AI) technology to raise lighting product productivity growth ?
Download or read book How Artificial Intelligence Raise Efficiency written by Johnny Ch Lok and published by . This book was released on 2020-08-13 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: How (AI) technology impacts on labor workplace.The future influence any organizations how labor economies use of (AI) can be analyzed, such as deep machine learning is based on a set of model high level data. Unlike human workers, the machines are connected the whole time in workplace. If one machine makes a mistake, all autonomous systems will keep this in mind and will avoid the same mistake the next time. Over the long run intelligent machines will win against every human expert. Production robots have been replacing employees because of the (AI) technology. They work more precisely than humans and cost loss. Creative solutions like 3D printers and the self learning ability of these production robots will replace human workers, the automatic data recording and data processing, traditional back office activities are no longer in demand. Autonomous software will collect necessary information and will send it to the employee who needs it. Additionally, dematerialization leads to the phenomenon that traditional physical products are becoming software. For example, CD or DVDs are being replaced by streaming services. The replacement of traditional event ticket, e-travel ticket service products or hard cash will be the next step, due to the possibility of payment by smartphone. So, (AI) technology will impact human's daily life consumption behaviors in the future. For another example, transportation tools, such as boats and ferries and private vehicles will use sensors and navigating without human input. Taxi and truck drivers will become obsolete, the stock store applies to stock managers and postal carriers of the delivery is distributed by (AI) machine delivery method.
Download or read book Artificial Intelligence How Raises Productive Efficiency written by Johnny Ch Lok and published by Independently Published. This book was released on 2020-11-06 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁Can (AI) technology replace human labour nature of work to raise better productivity and efficiency? On technological innovation reason view point, the history development of artificial intelligence studying the intelligence is one of most ancient scientific discipline. The history development of artificial intelligence what aims to achieve human use to sense, learn remember and think, logic probability, decision making and calculation develop from mathematics, instead of replacement human labor functions.Artificial intelligence history development aim is the scientific analysis of skills in connection and practice with the appearance of computers from 1950 year beginning. The artificial intelligence (AI) can deal with the ultimate challenges. How can ( either biological or electronic) mind sense, understand and manipulate a world that is much simple and more complex than itself? And what if would human like to construct something with such capabilities? The general-purpose software of the early period of (AI) were only able to solve simple tasks effectively and failed when which should be used in a wider range or an more difficult tasks. One of the sources of difficulty was that early software had very few or mix knowledge about the problems which handled, and activities successes by simply syntactic manipulation. Moreover, the other difficulty was that many problems that were tried to solve by the (AI) were untreatable. The early (AI) software whether trying step sequences based on the basic facts about the problem that should be solved, experimented with different combinations till which found a solution. From the end the 1960 year, developing the so-called expert systems were emphasized. These systems had ( sue-based) knowledge base about the field which handled. Till to the beginning of the 1970 year, ( Prolog) the logical programming language was born, which was built in the computation realization of a version of the resolution calculus. ( Prolog) is a remarkably prevalent tool in developing expert systems ( on medical, judiciary and other scopes), but natural language parsers were implemented in this language. Then, in 1981 s, the Japanese announced the fifth generation computer system project, a 10 years plan to build an intelligent computer system that use the ( Prolog) language as a machine code. Nowadays, (AI) can be applied any industries, such as car manufacturing industry can use (AI) technological machine-men manufacture car, instead of replacing human labors in factory. Even, in the future, using (AI) machine-men drivers can drive any private cars or public transportation tools, instead of replacing human drivers, e.g. bus, train, tram, ferry etc. Also in the future, machine-men can replace housewives to serve families to do housekeeping clean job, e.g. cleaning toilets, bathrooms, kitchens, even cooking functions at home. So (AI) machine-man can reduce housewives works at home. Moreover, (AI) machine man can take care old people, when who are living at homes or elder care centers. So, it seems artificial intelligence (AI) will be possible developed to manufacture a new generation machine-man to assist ( serve) families to do any simply cleaning or cooking jobs at homes. Moreover, the overall demand of ( AI) general social needs will also rise, such as security, driving transportation tools, restaurant cleaning, elder centers care service etc. (AI) will have chance often to practise to do its tasks every day. It is possible that it can improve worker individual simple job duty to raise productivity and efficiency to be fast.
Download or read book Artificial Intelligence Raises Efficiencies written by Johnny Ch LOK and published by . This book was released on 2019-03-30 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is psychology of consumption behavior?Psychology is the science of human behavior and mental consumption processes. In consumption process behavior, it is any consumption behaviors as well as consumer mental consumption process is consumer individual internal experiences, comparison with alternative products, products choice of the best, making decision to consume or not consume for the product. So, advertisers often persuade to influence consumers' behavior to attract them to choose to buy whose products.Why businessmen need to learn consumer psychology? Because psychology can help businessmen scientifically to evaluate common consumer beliefs and misconceptions about consumption behavior and consumption decision making mental processes. Consumption scientific psychology has four basic goals: To describe , explain, predict and change consumption behavior and consumption decision making mental process. Consumption psychological information is based on evidence, this is information based on direct observation and measurements with consumption behavior with scientific method. How are typical images of psychology? Consumption psychologists need to use scientific method to help businessmen to think what predicts who own, make a list of words would who use to describe a psychological scientist and what use to describe a psychological scientist and what images the businessmen have. However, consumption psychologists have difference ways of looking at the same problem for the businessmen, which is why there are so many sub-fields of consumption psychology. Consumption psychology's roots began in philosophy, but the focus changes to a scientific focus consumer.Behaviorism is focused on consumer buying behavior that can be measured and observable. This returned the scientific approach to consumption psychology. Consumption behaviorist's believe consumers are controlled by their environment. Consumption behaviorism focuses on consumption observable behavior. However, consumption cognitive psychology believes that consumption behaviors are preformed because of the product ideas and thoughts. The cognitive perspective focuses on such consumer decision making and choice processes, such as perception, memory and thinking to the product.For example, in judging whether a certain student ( University customer) described in a profile is, say, a psychology major or computer science major, the student decides how well the profile matches the psychology or computer science career to the student generally. So, University can read the student profile to predict whether the student will choose to study psychology subject more prefer or computer subject more prefer to predict whose computer or psychology student numbers more accurate in the year. So, such as university cause, if the university can apply (AI) technology to predict or evalute whether the student will choose which subject to study, then they can make more accurate subjects arrangement to let students to study more easily. So, (AI) can be applied to education aspect to help teacher to predict or evaluate whether whom every student ought to choose which subjects to study in order to raise every learning ability. Every teacher can cooperate with robotic to gather every student's interest or past learning performance or learning experience to evaluate whether which subjects that who ought choose to study in order to raise higher mark for every subject , even help them to choose the most right occupation to do when they choose the right subject to study. So, school can evaluate the most reasonable salary level determination to pay whom teacher when robotic participation to teachers' teaching. For example, two math teacher teach two differnt math classes. When the teacher can not teach the class students to earn higher mark or fail, although he has robo
Download or read book Artificial Intelligence Raises Productivity Growth and Service Performance written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-13 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, artificial intelligent robotic technology which is one kind of popular tool to help workers to work in factories or offices or serve clients in restaurants or shopping centers. It brings this question: Can artificial intelligent robotic machine men assist workers to raise productive efficiencies or improve service performance? If one factory or one office only applies artificial intelligent robotic machine men to replace human labors to help its different departments to do any tasks, whether can its (AI) robotic machine men help them to raise productive efficiencies ? If one restaurant or one shopping center only apply (AI) robotic machine men to help to serve clients, whether can its (AI) robotic machine men help them to improve service performance? Is it better to apply half manual labors and half (AI) robotic machine men to work in one organization in order to raise productive efficiencies or improve service performance?In my this book, I shall indicate some cases to explain how and why (AI) robotic machine men can either raise productive efficiencies or improve service performance or they can't either raise productive efficiencies or improve service performance in any situations. Managers or employees can evaluate whether how to apply (AI) robotic machine men to assist them to work in their workplaces in order to achieve the most beneficial advantages to their organization's different departments' raising productivity and efficiency and service performance improvement aims.