Download or read book Artificial Intelligence Brings Positive and Negative Impacts to Our Social Prediction written by Johnny Ch LOK and published by . This book was released on 2018-06-18 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction This book brings readers to enter future artificial intelligent society. Readers can feel themselve what who will face positive or negative influences to impact them in this scientific (AI) journey. I write this book aim to research these two questions: (1) Does robot bring only positive impact to influence our societies' life, it won't bring negative impact to influence our societies' life? (2) How can we adapt to accept robot brings negative influences to our societies? In future, artificial intelligence will possible to popular to use in global societies. Instead of its positive impacts, whether it has negative impacts to influence our societies, whether how we can accept this new technology to adapt to our life, whether what our social acceptance needs to change our life attitudes to adapt this new technology invention to impact our daily life. In my this book, I shall follow economy, employment, job, culture several aspect influences to indicate whether how we need to change our life attitudes to adapt this new technology to bring the influences to our life. This book will give some opinions how human needs to change our life attitudes in order to accept this new technology invention to be applied to our global societies.
Download or read book How Artificial Intelligence Brings Positive and Negative Impacts to Our Social written by Johnny Ch LOK and published by . This book was released on 2018-06-11 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: IntroductionI write this book aim to research these two questions: (1)Does robot bring only positive impact to influence our societies' life, it won't bring negative impact to influence our societies' life?(2) How can we adapt to accept robot brings negative influences to our societies?In future, artificial intelligence will possible to popular to use in global societies. Instead of its positive impacts, whether it has negative impacts to influence our societies, whether how we can accept this new technology to adapt to our life, whether what our social acceptance needs to change our life attitudes to adapt this new technology invention to impact our daily life. In my this book, I shall follow economy, employment, job, culture several aspect influences to indicate whether how we need to change our life attitudes to adapt this new technology to bring the influences to our life. This book will give some opinions how human needs to change our life attitudes in order to accept this new technology invention to be applied to our global societies.
Download or read book Artificial Intelligence Brings Positive Or Negative Impaction written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-15 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in artificial intelligence (AI) technology is for the progress in critical areas, such as health, education, energy, economy inclusion, social welfare and the environment. Whether AI can bring positive or negative impaction to influence human job nature change.Thus, it brings this question: Whether (AI) robotic workers can be instead of traditional human workers in these different new markets to bring positive or negative impaction to change human job nature change? In recent years, machines had been used to be human's tasks in the performance of certain tasks related to intelligence , such as aspects of image recognition. Experts also forecast that rapid progress in the field of specialized artificial intelligence will continue. Then, it also brings this question: Does (AI) exceed that of human performance on more and more tasks to replace human jobs? If it is truth, will some of human jobs to be disappeared? (AI) will be instead of human some simple jobs, then unemployment rate to the low skillful and low educated workers will be increased.Whether (AI) will be raised either production or performance or unemployment to bring human job market more advantages or more disadvantages? In my this book, I shall explain whether (AI) will bring benefits or disadvantages to human job market. I shall give example to let my readers to think how to support my final view point.
Download or read book Artificial Intelligence Brings Positive Or Negative Impact written by Johnny Ch Lok and published by . This book was released on 2020-05-22 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁How can (AI) technology impact to global economic and social and psychological changes? What will be the development of (AI) technology and predictions concerning the future evolution? The computers and robots will develop conscious, intelligent and minds into humans, enhancing psychological and behavioral abilities and allowing for direct communication with (AI) minds. (AI) technology will be impacted human life by (AI) technology information communicative and environmental influence. A " world brain" and " world mind", this psychological system will be enhanced and enriched the capacities of both individual and collective cognition by (AI) technology of service industries.(AI) technology with influence these human needs of service industries changes, such as, biological science, finance, entertainment, business, biological science, transportation, communication military etc. The personal computer evolution, the internet and the world wide web which exploded on the scene, linking business, homes, schools, social organizations which were a completely unpredicted phenomenon to influence human life. Kurzweil (1999) predicts that by 2029 year, most human communication will be with machines. According to Person, by 2100 year, there will be human machine convergence. How can (AI) technology influence environmental protection to make benefits to farming economic growth? (AI) technology can be applied to predict how to solve environmental pollution challenge to avoid to damage any crop or vegetable or rice or fruit etc. food growth. Because environmental experts can gather global environmental pollution data from an environmental database to build a perform a systematic analysis from (AI) technology. The first step is this broad analysis can include understanding, statistical and data gathering techniques to obtain the relevant data, the correlation among the variables involved, and a list of possible models. The next step is to select a set of methods and models that cover all kinds of knowledge and functionalities needed for the decision making process. Once the models are selected, they must be fully implemented by means of machine learning, data mining, statistical or numerical technique. After that, those models must be integrated to build the whole EDSS. The EDSS must be tested to check its performance, accuracy, usefulness and reliability, both from the user's and (AI) technology/computer scientist's point of view. If these is any wrong feature in any development stage, such as model's integration, models' implementation, selection of models, database, problem analysis etc. the developers must come back in the update th required components. When the evaluation phase is all right, the EDSS is ready to be applied to the environment. The great contribution of artificial intelligence to EDSS the integration of several methods complementing the classical statistical models/simulation, statistical analysis, linear models, etc. and numerical models ( control algorithms, optimization techniques etc.) .
Download or read book Artificial Intelligence Brings Positive Or Negative Impact written by Johnny Ch LOK and published by . This book was released on 2021-04-12 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁How can artificial intelligence technology influence economy?Advances in artificial intelligence (AI) technology and related fields have opened up new markets and new opportunities progress in critical areas, such as health, education, energy, economic development, social welfare and the environment pollution.(AI) automation will continue to create wealth and expand the global economy development in the future. However, when many will benefits that growth won't be costless and will be accompanied by changes in the skills, that workers need to increase productivity in the economy and structural changes in the economy. So, in the skills that workers need to succeed in the economy and structural changes. I shall indicate why aggressive policy action will be needed to help Americans who are disadvantaged by these changes , due to (AI) technology is caused. For automation industry change example, artificial intelligence (AI) capabilities will enable automation of some tasks that have long required human labor. These artificial intelligence technology introduction can increase new opportunities for individuals. The economy and society, but (AI) has also the potential to disrupt be current livelihoods of many Americans. However, (AI) leads to unemployment and increase in inequality over the long run depends not only on the (AI) technology itself, but also on the institutions and policies that are changed. Thus, it is possible that (AI) technology will raise some countries unemployment number if the employer apply (AI) technology workers to work instead of human labor in their factories, but it can also raise productivities for these employers.⦁Can (AI) influence global economy growth?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.
Download or read book Robotic Brings Positive Or Negative Impacts to written by Johnny Ch Lok and published by Independently Published. This book was released on 2020-07-29 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Redefining management inthe workforce of artificial intelligence⦁Change management In the future, due to artificial intelligence influences to some kind of human jobs nature. So, the kind of human jobs of management methods will also need to change to adapt the artificial intelligence technology input to their organizations. It will cause challenges for every executive and manager if who won't have effort to manage their teams how to apply artificial intelligence technology to work efficiently and easily. For example, division of labor will change among humans and machines will increase. Thus, companies will have to adapt their training performance and talent strategies how to emphasize on work that how to make human judgment and skills and experimentation. Thus, (IA)'s greatest impact will be on administrative coordination and control tasks, such as scheduling, resource allocation.In fact, mangers will encounter this challenges: How to apply human experience and expertise to judge critical business decisions and practices when the information available is insufficient to suggest a successful course of action? Due to this kind of work will require new skills and mindsets. I shall indicate these change management methods to adapt (AI) technology. Such as: administration and routine tasks, scheduling, allocation of resources and reporting will fall within the intelligence machines, responsibilities that have long been reserved for humans. For example, a typical store manager or a lead nurse at a nursing home most constantly arrange shift schedules, accounting for staff members' absences owing to illness, vacation time or sudden departures.Thus, the managers need to learn how to arrange new division of labor within the organizations after (AI) technology had been implemented to the organization. Artificial intelligence is currently influencing into once considered exclusive to humans: assessing and acting on human emotions and personality traits. The influences to managers need to change their strategies to adapt (AI) technology implements include such as below: Firstly, managers need to spend the bulk of their time on coordination and control tasks from intelligent system implements. Their time spending on these major three aspects from impact of intelligent system: coordinate and control, solve problems and collaborate and people and community, strategy and innovation three aspects. Thus (AI) will influence managers need to change their judgment method to teach whose teams how to adapt the (AI) system operations in any organizations.Secondly, (AI) will influence top, middle and low level management needs to change to adapt the (AI) technology operations to any owned (AI) technology organizations in the future. Intelligent machines must be trained in context. Just like humans, on-the-job training is a requirement for such machines because they typically arrive with only very general capabilities. To get the most from (AI), managers at all levels must participate in the instructional experience and in the learning process and provides managers' familiarity with such systems on these aspects, e.g. How the system works and generate advice, how the system has a proven track record, how the system provides convincing explanations, how the system can make simple rule- based decisions.Thirdly, managers need to learn how to make judgment more accurate (AI) systems assistance. Although (AI) will invariably take on more routine work and even augment human decision-making, it won't judgment work, the application of human experience and expertise to critical business decisions when the information available is insufficient to suggest a successful course of action or reliable enough to suggest an obvious course of action.
Download or read book Artificial Intelligence in Society written by OECD and published by OECD Publishing. This book was released on 2019-06-11 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The artificial intelligence (AI) landscape has evolved significantly from 1950 when Alan Turing first posed the question of whether machines can think. Today, AI is transforming societies and economies. It promises to generate productivity gains, improve well-being and help address global challenges, such as climate change, resource scarcity and health crises.
Download or read book Artificial Intelligence Brings Positive Or Negative written by Johnny Ch Lok and published by . This book was released on 2020-12-13 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, (AI) related industrial applications will replace most human power in fields, including call centers, customer services and air cargo transportation. (AI) technologies also help weather forecasting based on repeated rainfall pattern ( data) recognition, through robotics ( i.e. floor cleaning, moving lawns etc.) transporting people and products with unmanned vehicles, sending space unmanned smart shuttles, developing robotic arms, predicting market values in stock exchanges by internet, making homes safer, helping elderly and disabled using robotic servants etc. Among the (AI) related technologies, there are a few that significance for the impact on society and especially on digital economy . (AI) is particularly influential in machine learning. Such as robotics, transportation, finance, health and bioinformatics, e-commerce, e-games, big online data gathering and internet-of-things. For example, machine e-learning is based in bioinformatics and robots that can learn new skills for better caregiving in healthcare. What is machine e-learning? Machines can e-learn from e-data gathering, coming up generalizations and making decisions to act in certain ways from internet.There are important applications, such as e-machine perception, electronic online natural language learning processing, online search engines, online bioinformatics, online brain -computer interface, online game playing, online robot locomotion, online advertising, online computations finances, online health monitoring, online DNA classification and decision making, online in chemistry -cheminformatics . So, online machine learning can positively impact productivity and it can enhance information and analytical system from (AI) online channel.What is robotics? Robotics is one of the most strongly influenced fields in (AI). For example, heavy manufacturing industries, robots and used and man power is replaced for effectiveness, precision, and accuracy, especially in respective or dangerous tasks, including welding, assembling, picking and placing . So, robots can acquire new skills or adapt the changing dynamic environment. Also, artificial intelligence can be applied in developing transportation. For example, automated vehicles, driver assistance systems, safety systems, collision avoidance systems and public transportation. Moreover, (AI) technology has proven to produce some of the best tools to predict stock market fluctuations from internet data gathering method. It's predictions are based on ever-evolving predictions algorithms and systems learn new models and make connections between historical data and new data to measure stock market trading more accurate from internet data gathering channel. In health field, especially in health data processing, analysis, decision making support and medical diagnosis. So, online data can show which patients will need what treatment and what alternative drugs could be used more accurate from (AI) online data gathering method. Bioinformatics is an interdisciplinary field combining statistics, (AI) online technology can help in discovering data patterns and modeling through the application of machine learning, artificial neural networks and genetic algorithms. For example, further (AI) technology development of human genome project of online data sequences. Online shopping can be facilitated by virtual assistants developed through (AI) technology and these assistants can offer the best advice. (AI) online purchase coming after every product image recommendations and personalization bring important revenue to shopping online sites, like Amazon . Smart computer graphics and games, artificial intelligence is useful in smarter computer, graphics, scene modeling, scene rendering processes in order to create, for example, effective human -robot interactions, online machine learning, online strategic games techniques etc. online computer related (AI) software.
Download or read book Artificial Intelligence Brings Positive Or Negative Impaction To Influence Human Job Change written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-20 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter Two Future works change: Automation, employment and productivity2.1How (AI) influences employment Human future " micro to macro" industry trends will be affected business strategy and public policy by (AI) technology. In the future (AI) technology will influence those six themes: productivity and growth, natural resources, labor markets, the evolution of global financial markets, the economic impact of technology and innovation and urbanization. However, (AI) technology will bring economic benefits of tackling gender inequality, a new global competition, Chinese innovation and digital globalization.Nowadays, advances in robotics artificial intelligence, and machine learning are in a new age of automation, as machines match or outperform human performance in a development to any countries. For example, automation of activities can enable businesses to improve performance by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. For example, some research indicated automation could raise productivity growth globally by 0.8 to 1.4 % annually; more than 2,000 work activities across 800 occupations. When less than 5% of all occupations can be automated using demonstrated technologies about 60% of all occupations have at least 30% of constituent activities that could be automated. Many occupations will change that will be automated away: Activities most susceptible to automation involve physical activities, in highly structured and predictable environments, as well as the collection and processing of data. They are most prevalent in manufacturing, accommodation and food service and retail trade and include some middle-skill jobs. For example, such as natural language processing is a key factor. Beyond technical feasibility, the cost of technology competition with labor including skills and supply and demand dynamics, performance benefits including and beyond labor cost savings, and social and regulatory acceptance will be affected by (AI) automation technology. Thus, (AI) automation will impact to influence global employment in those aspects as below: Firstly, assuming that people are displaced by automation will find other employment. The anticipated shift in the activities in the labor force is of a similar order as the long-term shift away from agriculture and decreases in manufacturing share of employment. Both of manufacturing and agriculture industries which would be accompanied by the creation of new types of work not foreseen at the time.Secondly, for business, the performance benefits of automation are relatively clear. Thus, the businessmen have opportunities for their micro economies to benefits from the productivity growth potential and macro economies to benefit to encourage continued progress and innovation, investment and market incentives. At the same time, employers must innovate policies to help workers and institutions adapt to the impact on employment.
Download or read book Artificial Intelligence Brings What Positive Or Negative Impact written by Johnny Ch LOK and published by . This book was released on 2020-03 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can (AI) technology impact global economy growth over the next 10 years? During this time period, (AI) technology is predicted to have wide-ranging applications including: Machine learning that automates analytical model building by using algorithms that allow machines to operate without human assistance. In global education aspect, potential applications include predicting cause-and-effect relationships from biological data, identifying new drugs, self-driving cars, and protecting against fraud, improved natural language processing that allows computers to continue to better analysis, understand and generate language to interface with humans using natural human languages. For example, transcribing notes dictated by physicians, automatically drafting articles and translating text and speech. So (AI) technology can be applied to education aspect to improve humans' knowledge level. In visual art aspect, (AI) machine vision that allows computers to identify objects, scenes and activities in images. Current applications of (AI) machine vision include providing objective descriptions for the blind seeing( visual) needs.We except the economic effects of (AI) technology to include both direct GDP growth from sectors that develop or manufacture. (AI) technology and indirect GDP growth through increased productivity in existing sectors that employ some form of (AI). If (AI) technology is an increasingly critical component of more products, it will become an integral part of many people's lives. Thus, (AI)'s ability to influence economic activity, rather than the economic or development status of the region. (AI) has the potential to impact income classes and to bring significant gains to both developed and developing countries. For example, (AI) has the potential to optimize good production around the world by analyzing agricultural regions and identifying what is necessary to improve crop yields.In estimating the future economic effects by (AI) technology innovation, it is important to note that it is challenging to accurately predict which applications of (AI) will ultimately be commercially successful. In micro level economic influence, we need to apply methodologies to estimate the economic effects of investment in firms developing (AI) technology since investment levels in a technology are a telling sign of the future potential of that (AI) technology. ⦁How can (AI) influence GDP of high income countries in the next ten years?How (AI)'s development may affect the global economy over the next ten years. In fact, (AI) technology has the potential to affect business across the global in a wide range of industries in ways only a number of technologies have done in the parts. For example, (AI) technology's expected to be a useful tool for enhancing human capabilities and in some instances replacing functions, such as driving a car, adoption of broadband internet, mobile telephone, industrial robotic automation have served to enhance human capabilities.
Download or read book How Artificial Intelligence Influences Positive Or Negative Impact to Human Life written by Johnny Ch LOK and published by . This book was released on 2018-01-25 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book concerns to be given my opinions to explain how artificial intelligent technology will impact our life and will influence economic development in the future as well as how to influence human job market change.In labor market part, I shall indicate how artificial intelligence technology influences future macro global economy change. Advances in artificial intelligence (AI) technology is for the progress in critical areas, such as health, education, energy, economy inclusion, social welfare and the environment. Thus, it brings this question: Which (AI) workers be instead of traditional human workers in these different new markets? In recent years, machines had been used to be human's tasks in the performance of certain tasks related to intelligence , such as aspects of image recognition. Experts also forecast that rapid progress in the field of specialized artificial intelligence will continue. Then, it also brings this question: Does (AI) exceed that of human performance on more and more tasks? If it is truth, will some of human jobs to be disappeared? (AI) will be instead of human some simple jobs, then unemployment rate to the low skillful and low educated workers will be increased. Whether (AI) will be raised either production or performance or unemployment to bring human job market more advantages or more disadvantages? In my this book, I shall explain whether (AI) will bring benefits or disadvantages to human job market. I shall give example to let my readers to think how to support my final view point.In macro economy change part, chapter one, I shall explain what the (AI) functions are benefited to human and I shall indicate whether how it can impact human job nature as well as I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market.In chapter two, I shall indicate how (AI) will influence global economic technology productivity change as well as I shall indicate whether (AI) technology can impact global service management industry development.In chapter three, I shall indicate whether (AI) technology will influence digital industry economic change as well as I shall indicate whether (AI) technology can influence developing countries' economic change and health and manufacturing change , even global economic change in our future life. In Artificial Intelligent Social Military Defense Weapon partNowadays, artificial intelligence (AI) technology is popular to be applied to different industry aspects, such as medical, construction, transportation, hospital, education etc. Although, (AI) is a human invention new development. IN fact, it seems only beneficial to human's daily life. But, it will also have threats to influence human's safety in possible , if some scientists or self-interest mind people who aim to apply (AI) to earn more profit or apply (AI) tools to be weapon to attack other countries to achieve to dominate all human's ambitious intention. Thus, (AI) will bring negative influences to our society, instead of positive influences if we can not apply this kind of new technological tools immorally. In this part three, I shall give my opinions to indicate what reasons will cause (AI) artificial intelligent tools to be applied to social military defense weapon by human's intention. In my this books, I hope my readers can know what will cause human's immoral behaviors to bring our societies to bring more dangerous or risks or threats if human applied (AI) technology to achieve whose immoral or ambitious intention. Finally, I hope that human ought not apply (AI) technology to do any behavioral attack to satisfy ourselves interest or dominate global world ambition to avoid (AI) technological war occurrence in the future one day.
Download or read book How Robots Bring Positive Or Negative Impacts To Global Societies written by John Lok and published by . This book was released on 2023-10-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: I write this book aim to let readers to feel whether how artificial intelligent technology will influence future technological development to influence human life. How can artificial intelligent tools can bring positive or negative impact to influence future technological development to developing and developed countries ? The another research questions: Should robotic production of factor of technology be caused to economic development? What is future (AI) artificial intelligent products development trend and reasonable development stages? How to predict consumer behaviors to persuade who to feel (AI) products are more satisfactory to their needs? Why do consumers feel them to need to buy any (AI) products to use? Will it have other similar products to replace (AI) any products? How is the reasonable stages to achieve future (AI) development in success? What are the different development stages between developed and developing countries ? Whether (AI) robotic workers can be instead of traditional human workers in these different new markets to bring positive or negative impaction to change human job nature change? In recent years, machines had been used to be human's tasks in the performance of certain tasks related to intelligence, such as aspects of image recognition. Experts also forecast that rapid progress in the field of specialized artificial intelligence will continue. Then, it also brings this question: Does (AI) exceed that of human performance on more and more tasks to replace human jobs? If it is truth, will some of human jobs to be disappeared? (AI) will be instead of human some simple jobs, then unemployment rate to the low skillful and low educated workers will be increased. Whether (AI) will be raised either production or performance or unemployment to bring human job market more advantages or more disadvantages? In my this book, I shall explain whether (AI) will bring benefits or disadvantages to human job market.
Download or read book Artificial Intelligence in Healthcare written by Adam Bohr and published by Academic Press. This book was released on 2020-06-21 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligence (AI) in Healthcare is more than a comprehensive introduction to artificial intelligence as a tool in the generation and analysis of healthcare data. The book is split into two sections where the first section describes the current healthcare challenges and the rise of AI in this arena. The ten following chapters are written by specialists in each area, covering the whole healthcare ecosystem. First, the AI applications in drug design and drug development are presented followed by its applications in the field of cancer diagnostics, treatment and medical imaging. Subsequently, the application of AI in medical devices and surgery are covered as well as remote patient monitoring. Finally, the book dives into the topics of security, privacy, information sharing, health insurances and legal aspects of AI in healthcare. Highlights different data techniques in healthcare data analysis, including machine learning and data mining Illustrates different applications and challenges across the design, implementation and management of intelligent systems and healthcare data networks Includes applications and case studies across all areas of AI in healthcare data
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book Artificial Intelligence Brings What Global written by Johnny Ch LOK and published by . This book was released on 2020-10-26 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is relationship between (AI) and economy growth⦁How can artificial intelligence technology influence economy?Advances in artificial intelligence (AI) technology and related fields have opened up new markets and new opportunities progress in critical areas, such as health, education, energy, economic development, social welfare and the environment pollution.(AI) automation will continue to create wealth and expand the global economy development in the future. However, when many will benefits that growth won't be costless and will be accompanied by changes in the skills, that workers need to increase productivity in the economy and structural changes in the economy. So, in the skills that workers need to succeed in the economy and structural changes. I shall indicate why aggressive policy action will be needed to help Americans who are disadvantaged by these changes , due to (AI) technology is caused. For automation industry change example, artificial intelligence (AI) capabilities will enable automation of some tasks that have long required human labor. These artificial intelligence technology introduction can increase new opportunities for individuals. The economy and society, but (AI) has also the potential to disrupt be current livelihoods of many Americans. However, (AI) leads to unemployment and increase in inequality over the long run depends not only on the (AI) technology itself, but also on the institutions and policies that are changed. Thus, it is possible that (AI) technology will raise some countries unemployment number if the employer apply (AI) technology workers to work instead of human labor in their factories, but it can also raise productivities for these employers.⦁Can (AI) influence global economy growth?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.
Download or read book Artificial Intelligence Brings Positive and Negative written by Johnny Ch LOK and published by . This book was released on 2019-04-19 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the challenges that (AI) will encounter to solve in order to develop successfully.The first challenge that (AI) will encounter to solve: (AI) is not yet able to reproduce the complex functioning of the human mind, but only some of its circumscribed capacities. Therefore, one of the goals is to make the technologies a bit more similar to our way of relating to the world, despite being something yet to be built. Immediately, work is on concepts of personalization and adaption to make sure that the date and algorithms at our disposal are increasingly more effective in allowing us to operate individually in some specific areas of our daily life. The main skill of (AI) needs to be developed from two points of view: Citizens and public administration employees. For the former, it is necessary to understand how the algorithms and databases, on which the latter operate works to become a number in the IT sector that produces this kind of application. It aims to achieve the simply and most repetitive public administration tasks to let (AI) machines to using public administration employees to work in the best way in a world that is more populated by the later.The another challenge that (AI) will face is related the algorithms that are based in the (AI) itself. First of all, they must be of good quality, exempt as much as possible from biases, prejudices, due to errors in their creation when they must be " annotated" by human beings to teach machines how to interpret them. This is why it is important to create the best conditions, especially organizational ones which the data is produced. There is then the problem of data from the internet, objects and sensors that, despite being connected to one another, are fragmented heterogeneous and not very interoperable.Furthermore, there is the so called linked open data of public bodies, a real information that would be very useful to generate applications of (AI) at the service of citizens. Lastly, precisely for this kind of data, it is needed to make sure that anyone wish to use it can have equal and non-discriminatory access. The last challenge is in charge of the public administration and consists in the actions necessary to accompany the transformation of the country towards the adoption of (AI), above all in the management of the relationship between the country citizens and businesses. An anticipated in the section on skills, future training public employees specially officials and managers need to learn and understand how to use (AI) functioning, benefits and possible problems, ethical and technical related to this kind of technology, when (AI) technological tool is applied to any government service organizational departments in future one day.Thus, when any country's government public service organizations accept to apply (AI) tool to assist their employees to work to raise efficiency. Then, it will also influence private business organizations to accept to apply (AI) tool to raise employee efficiency, e.g. some countries' private business organizations' accounting department had applied (AI) tool to assist accounting staffs to apply (AI) tool to reduce time to do some simple part of accounting tasks. It will raise accounting departments' efficiency.To conclude future public and private organizations will accept (AI) tools to be applied in their organizations. It will influence employees who need to raise knowledge level to learn how to use this technology to assist them to work efficiently in any organizations. It will influence our social culture will trend high technological knowledge culture and economic growth, when employees can be raised efficiency form (AI) robotic technological assistance in any organizations.
Download or read book Business Trends in Practice written by Bernard Marr and published by John Wiley & Sons. This book was released on 2021-11-15 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER OF THE BUSINESS BOOK OF THE YEAR AWARD 2022! Stay one step ahead of the competition with this expert review of the most impactful and disruptive business trends coming down the pike Far from slowing down, change and transformation in business seems to come only at a more and more furious rate. The last ten years alone have seen the introduction of groundbreaking new trends that pose new opportunities and challenges for leaders in all industries. In Business Trends in Practice: The 25+ Trends That Are Redefining Organizations, best-selling business author and strategist Bernard Marr breaks down the social and technological forces underlying these rapidly advancing changes and the impact of those changes on key industries. Critical consumer trends just emerging today—or poised to emerge tomorrow—are discussed, as are strategies for rethinking your organisation’s product and service delivery. The book also explores: Crucial business operations trends that are changing the way companies conduct themselves in the 21st century The practical insights and takeaways you can glean from technological and social innovation when you cut through the hype Disruptive new technologies, including AI, robotic and business process automation, remote work, as well as social and environmental sustainability trends Business Trends in Practice: The 25+ Trends That Are Redefining Organizations is a must-read resource for executives, business leaders and managers, and business development and innovation leads trying to get – and stay – on top of changes and disruptions that are right around the corner.