Download or read book How Robot Influences Organizational Development written by Johnny Ch Lok and published by . This book was released on 2020-11-05 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: Future works change: Automation, employment and productivity⦁How (AI) influences employment Human future " micro to macro" industry trends will be affected business strategy and public policy by (AI) technology. In the future (AI) technology will influence those six themes: productivity and growth, natural resources, labor markets, the evolution of global financial markets, the economic impact of technology and innovation and urbanization. However, (AI) technology will bring economic benefits of tackling gender inequality, a new global competition, Chinese innovation and digital globalization.Nowadays, advances in robotics artificial intelligence, and machine learning are in a new age of automation, as machines match or outperform human performance in a development to any countries. For example, automation of activities can enable businesses to improve performance by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. For example, some research indicated automation could raise productivity growth globally by 0.8 to 1.4 % annually; more than 2,000 work activities across 800 occupations. When less than 5% of all occupations can be automated using demonstrated technologies about 60% of all occupations have at least 30% of constituent activities that could be automated. Many occupations will change that will be automated away: Activities most susceptible to automation involve physical activities, in highly structured and predictable environments, as well as the collection and processing of data. They are most prevalent in manufacturing, accommodation and food service and retail trade and include some middle-skill jobs. For example, such as natural language processing is a key factor. Beyond technical feasibility, the cost of technology competition with labor including skills and supply and demand dynamics, performance benefits including and beyond labor cost savings, and social and regulatory acceptance will be affected by (AI) automation technology. Thus, (AI) automation will impact to influence global employment in those aspects as below: Firstly, assuming that people are displaced by automation will find other employment. The anticipated shift in the activities in the labor force is of a similar order as the long-term shift away from agriculture and decreases in manufacturing share of employment. Both of manufacturing and agriculture industries which would be accompanied by the creation of new types of work not foreseen at the time.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. This will likely include rethinking education and training, income support and safety nets, as well as support for those dislocated, when employees need to leave themselves homes to move to other cities to learn new (AI) automation works. Thus, individuals in the workplace will need to engage move comprehensively with machines as part of their everyday activities, and acquire new skills that will be in demand in the new automation age. Consequently, the scale of shifts in the labor force over many decades that automation technologies can be a similar order to the long -term technology -enables shifts in the developed countries' workforces away from agriculture in the 21 th century. Those shifts did not result in long-term mass unemployment because they were accompanied by the creation of new types of work not foreseen at the time. However, human will still be needed in the workforce when the total productivity gains are caused by (AI) technology.

Download or read book Robots How Assist Organizational Development written by John Lok and published by . This book was released on 2022-10-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book concerns to be given my opinions to explain whether artificial intelligent technology will impact our life and will influence economic development in the future, due to productivity raises. I bring two research questions: Can AI grow productivity? If AI can grow productivity, how can it raise and economic growth? In 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 to raise productivity or not. I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market in order to raise productivity in possible. In chapter two, I shall indicate how (AI) will influence global economic technology productivity change whether it is positive or negative more as well as I shall indicate whether (AI) technology can impact global service management industry development to be better or worse in order to raise productivity.

Download or read book Human Behavior Or Technology Influences Economic Growth written by John Lok and published by . This book was released on 2023-10-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can human behavior influence economic development or technology influences economic development? Can robot influence human or organizational behavioral change in order to bring economic benefit? Can construction apply facility management method to help it to bring long term reducing cost economic benefit? Can technology become one kind of production resource in order to help organizations to reduce cost? Technology will bring only positive benefit to organizational development or negative influence also. Can education or government policy may bring economic development. Which factor is the best method to bring economic development. I shall attempt to explain above factors whether which is the best factor to help our economy to develop. 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.

Download or read book How Robots Influence Organizational Behavior written by John Lok and published by Notion Press. This book was released on 2022-02-28 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains why and how organizations need to raise employees performance as well as what negative influences to bring to the organization if the organization neglected to learn how to improve employee performance in long time. Why does robotic can improve employee performance? How can employees behaviors influence organizational efficiencies when robotic participate to any organizations? How to evaluate or judge whether employee individual performance may satisfy organization needs? How to improve employee performance when AI participates to cooperate to labor to work together? What negative influences to be caused to the organization, if it neglected to raise employee performance or neglects AI participation to any organizations' tasks ? I hope my readers can learn what the actual mean of organization performance is improved when AI can participate to organization's tasks as well as how and why organizatonal behavior can influence employee performance to be improved or worse to satisfy consumer purchase desire or bring positive emotion when AI participates to labor's tasks.

Download or read book How Robots Avoid COVID 19 Disease Negative Social Influences written by Johnny Ch Lok and published by . This book was released on 2021-03-16 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁Why does robot help organizations to shorten time to reach growth life cycle stage or maturity life cycle stage rapidly ?The robotic market is growing rapidly, but adoption of robots and truck products through the manufacturing life-cycle and uses robots to participate any organizational tasks efficiently and effectively. According to a new study from Oxford Economics, economists predict that robots could take over 20 million manufacturing jobs around the world by 2030, and within the next 11 years. These could be 14 million robots put to work in China alone. So, such as developing country, China, many China employers will accept robots to help their organizations to do different kinds of simple or complex tasks, also clerical or non-clerical workers, they can concentrate on dealing to do their urgent tasks, it means that efficiency will be possible raised in performance will be improved, productive number may be influenced to increase. Robots may help the experiencing birth life cycke stage organizations to shorten time to reach growth life cycle syahe or the experiencing the growth life cycle stage organizations to shorten time to reach mature life cycle stage in possible, because their clerical or non-clerical staffs need to learn how to dominate or control robots to work in order to achieve raising efficiency aim. When these organizations' every department has robots to participate to do simple or complex tasks. In long time., robots may help workers to shorten time to finish any tasks in any task processing or step. When working time is shorten to every task's step, then productivies and efficiencies willl be also raised. SO, such as this China developing country's future experiencing birth or growth life cycle stage organizations case, if there are many these birth or growth life cycle stage China's business organizations decided to apply robots to assist non-clerical and clerical workers to do simple or comples tasks. Then, their working steps or procesess time will be shorten . So, that efficiency or performance can be improved. Even if in developing country China's hospital organizations can apply surgical robots to assist surgeons or doctors to do any complex or simple surgeon health care will still likely become more automated . Because China has high population, so patients' medical need must be high, just as robots can transport and deliver goods in manufacturing and retail, they can also move medicine and equipment through hospitals when doctos and burses focus on other tasks. So, robots can help future any hospital organizations to improve service level to satisfy patients' needs in China's hospitals. Moreover, robots can improve developing countries, e.g. China, India patients' life. One of the most popular ways robots help doctors is by performing surgery or making operations easier. These machines make it in easier to see into a patient's body and repair problemshave been receptive to robots in the operating room and appreciate their precision countries, such as India, China their experiencing birth or growth life cycle stage organizations can continue to enhance technology like 3D embedded vision, multispectral, and hypesspectral imaging. This combined with artificial intelligence and deep learning wil empower industrial robots to improve themselves and keep pace with the human workers around them. A BCG analysis found the using advanced robots can reduce conversion costs by up to 15% and robot adoption will likely be a critical determinant of appreciable enable shorten. Robot adoption will likely be a critical determinant of appear to enable shorten production runs, smaller factories and the need for faster productivity growth. As robot production has increased, costs have gone down .

Download or read book How Robot Can Apply to Organization Development written by Johnny Ch LOK and published by . This book was released on 2021-07-09 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: If ( AI) technology can be innovated to produce any kinds of machine man to serve any service or manufacturing industries successfully. Then, it will bring these questions: Can future that workers be influenced to be automation employment and productivity by (AI) technology influence? Does it impact to influence the (AI) technology countries' productivity and growth and natural resources development and labor markets and evolution of global financial markets and economic impact of technology and innovation and urbanization etc. issues? How will automation transform the workplace? What will be the implication for employment? What is likely to be its impact both on productivity in the global economy and on employment? In fact, automatic of activities can enable businesses to improve performance by reducing errors chance and improving quality and speed, and same cases achieving outcomes that go beyond human capabilities. Some economists indicate (AI) technology would give a needed boost to economic growth and prosperity have of the working age population in many countries. Based on the scenario modeling, they estimate automation could raise productivity growth globally by 0.8 to 1.4 % annually. They also indicated that almost half the activities people are almost $1.6 trillion in wages to do in the global economy have the potential to be automated adapting current demonstrates technology, according to their analysis of more than 2,000 work activities across 800 occupations. When less than 5% of all occupations can be automated entirely using demonstrated technology, about 60% of all occupations have at least 30% of worker made activities, that would be automated. More occupation will change to be automated. They also indicated for business performance benefits of automation are relatively clear, but the issues are more complicated by policy making to attract foreign investors. Beyond technical feasibility, the cost of technology, competition labor will include skills and supply and demand dynamics, performance benefits and beyond labor cost savings and social and regulatory acceptance will affect the automation. Their predictions suggest that half of today work activities could be automated by 2055 year, but this could happen 10 to 20 years earlier or latter depending on the various factors in addition to their wider economic condition.

Download or read book Human Human vs Human Robot Collaboration written by Lin Liu and published by GRIN Verlag. This book was released on 2019-03-07 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2019 in the subject Engineering - Industrial Engineering and Management, grade: 1,0, Vienna University of Technology, language: English, abstract: The research question of this thesis is: What relevant factors exist that enables humans and robots to collaborate most successfully to ensure optimal process-based workflows? Human-robot collaboration is a fairly new field of research, and for this reason, there has been barely shed light upon this topic up to today. Thus, the purpose of this work is to investigate and analyze which factors have an impact on the collaborative work of humans. Subsequently, based on this analysis of the relevant parameters, implications can be made for human-robot collaborations to ensure optimal work settings to facilitate effective teaming. The development of modern industrial robots is advancing year by year. Currently robots are more precise, faster and more powerful than ever before. However, despite these advancements, it is still unlikely that robots will reach the dexterity and intelligence of humans anytime soon. Therefore, at least for the foreseeable future, humans remain irreplaceable in many assembly operations. Still, this does not imply that humans and robots cannot benefit each other. On the contrary, combining the strengths of each individual creates new opportunities for collaboration and collaborative work. Robots exhibit high precision and repeatability, can handle heavy loads and operate without performance deterioration, even in difficult or dangerous environments. However, robot control systems quickly reach their limits in recognizing and handling unpredictable situations and uncertainties in their environment, which are normally no problem for humans. This is mainly due to the ability of humans to tackle unexpected obstacles, their awareness of a much larger part of the environment than formally declared and lastly humans show more dexterity in complex or sensitive tasks. Despite that humans are more prone to error, stress or fatigue, and their employment underlies strict health and safety regulations. Robots that interact with human beings are called collaborative robots or cobots for short. The goal of this very human-robot collaboration is not to replace the human but rather to create opportunities for humans and robots to work together towards a common aim by mutually increasing the efficiency and effectiveness of their team performance. This, for example, can be achieved by employing robots in sectors where manual labor is predominant.

Download or read book How Robots Influences Industry Development written by Johnny Ch Lok and published by . This book was released on 2020-11-10 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: -How can artificial intelligence impact on workplace?Modern information technologies and the labor economy growth of machines is powered by artificial intelligence have already strongly influenced the world of work in the 21 ST century. Computers, algorithms and software simplify every tasks and it is impossible to image how most of our life could be managed without them. How can be the information economy characterized by exponential growth replaces the most production industry based on economy of scales? What will the future world of work look like and how long will it take to get? Will the future world of work be a world where humans spend less time earning their livelihood? Alternatively, are mass unemployment, mass poverty and social distortions also possible scenario for the future, where robots, artificial intelligence systems play an increasingly central role? These questions concern how artificial intelligence further development . Can influence labor economy growth on workplace ? When the labor market has widespread impact on intelligence property, information technology, product liability, competition and labor and employment laws. 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 Organizational Technological Resources How Brings written by John Lok and published by . This book was released on 2023-07-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction Nowadays, human is experiencing high technology stage. Can human apply AI technology to help us to predict when economic growth or recession will come in this year or next year? If it is true, it brings this question: Who can make more accurate economic growth or recession analysis between human economists or AI robot machine? Can robots influence human behavior change? Does technology or human knowledge bring economic growth? Can organizations apply technological resource may help them to bring long term economic benefit.

Download or read book The Developmental Organization of Robot Behavior written by Roderic A. Grupen and published by MIT Press. This book was released on 2023-03-14 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive introduction to the mathematical foundations of movement and actuation that apply equally to animals and machines. This textbook offers a computational framework for the sensorimotor stage of development as applied to robotics. Much work in developmental robotics is based on ad hoc examples, without a full computational basis. This book's comprehensive and complete treatment fills the gap, drawing on the principal mechanisms of development in the first year of life to introduce what is essentially an operating system for developing robots. The goal is to apply principles of development to robot systems that not only achieve new levels of performance but also provide evidence for scientific theories of human development.

Download or read book How and Why Artificial Intelligence Influences written by Johnny Ch LOK and published by . This book was released on 2020-05-22 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: I suppose that productivity can be raised. What are the impacts of robots on employment? Firstly, the main focus of development has been on personal entertainment, which does not drive worker productivity ( manufacturing production). When the internet ( information and communication technology (ICT)) innovation. This is borne and by findings that manufacturing productivity, which has been driven by innovations in automation rather than consumer technologies, has government strongly than productivity in the services sectors of the economy in most nature economies. It seems (AI) automation will create many jobs in internet communication entertainment game industry. For example, many young people like to use internet to play any electronic games from computer or mobile at home or outside home conveniently. Thus, (AI) automation will increase demand to be invented to any new entertainment game from internet channel. It will need to employ many (AI) entertainment game inventors to create many automation entertainment games. Thus, (AI) automation in internet entertainment game industry will need human (AI) entertainment game inventors to invent the knowledge-based capital of (AI) automation entertainment games. The (AI) entertainment game inventors will need own research and development skills, form specific skills, organizational know-how skills, databased knowledge, design and various forms of intellectual property to do these (AI) automation entertainment game invention occupations in the future.International Federation Of Robotics(2016) indicated that China will be as a major robotics manufacturer and user of robots, benefiting from jobs created by robot manufacturing and productivity gains from robot use. Chins had sold of robots to any one single market every year since 2017 year. The Chinese government has included a focus on robotics in its 10 year strategy. In order to achieve its target of a robot density of 150 units per 10, 000 workers by 2020 year. Thus, Chinese companies will have to install around 650,000 new industrial robots between 2016 to 2020 year, 2.5 times more than installed globally in 2015 year. Hence, China (AI) manufacturing industry will need to employ many workers . It implies (AI) manufacturing industry will create many new occupations in China. Also, ministry of economy, trade and industry (2015) also showed that Japan currently has the largest stock of industrial robots in operations, primarily in the automation industry. Driven by a rapidly aging population and low productivity rates, the Japanese government has sights on a 20-fold increase in the use of robots in the non-manufacturing sector and a three-fold growth rate of labor productivity in the service sector both by 2020 year. Thus, it also implies Japan will need many robots to be provide to service industry. Due to robots will provide to serve any businessmen's clients. Thus, it is possible that the service workers won't be dismissed as well as it is depended on the serving job nature to decide whether Japan's service workers can still serve to their employer when the service (AI) robots are applied to whose employers.Consequently, it seems that (AI) can create employment, Ministry of economy, trade and industry (2015) showed that such as China will develop the major (AI) automation manufacturing industry. The (AI) employers will need to employ many workers to manufacture any these different kinds of (AI) robots to satisfy China or overseas individual or business buyers needs. But, (AI) can also cause unemployment to the low skillful service workers. Such as if Japan some service businesses choose to buy any (AI) service robots to replace their service staffs to serve their clients. It is possible that the service staffs will be dismissed, due to (AI) robots can do such as their same service job duties to achieve better service performance.

Download or read book How Robots Help Organizations to Rapid Reach Mature Life Cycle Stage written by Johnny Ch LOK and published by Independently Published. This book was released on 2020-10-13 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are traditional office tools to be replaced by AI ? Artificial intelligence (AI) is predicted to eliminate over a million jobs in the next few years, potentially replacing lower level positions like administrative assistants with humanoid robots or voice assistants. But in the nearer future, fresh AI-driven software and products are also moving to eliminate non-human elements of the workplace by replacing traditional office tools, including both physical products and everyday electronic processes. Why should businesses switch from the tried-and-true to emerging technology? Many of the experts TechRepublic talked to said the AI options streamline business practices, making their adopters work smarter instead of harder. I shall indicate these office tools, they can be applied to help any office staffs to finish their these tasks in office, they may include as below:1. Scheduling Workloud's end-to-end, cloud-based workforce management software takes scheduling from paper or Excel and moves it to the cloud. Everything from clocking in and out to monitoring employee absences is fully digitalized.Schedules and timesheets are accurate, created easily, and accessible through the service's web, tablet, and mobile apps. The software can also be used for absence management. 2. Employee talent selectionUsing AI and organizational behavior science, can be used to replace internal spreadsheets and databases designed to monitor human capital. By mining employee attributes and experiences, the software can recommend who would be best for a project. The software also collects reviews after projects to better predict successful employee-project matches.The traditional hiring process is slow, biased and inaccurate, By removing humans from the beginning stages of the process, it can become faster and more fair, and result in better hires.AI software automates the hiring process, using online simulations instead of manual screenings and interviews. Using the software, employers can include tasks in a job application, allowing job candidates to show technical skills that may be necessary for a job. Employers can't rule out candidates until they see how the candidate performs, eliminating bias that occurs in the resume reading stage. Both sides also automatically receive updates about each other's steps, reducing the amount of time it takes to .3.Timesheets: AllocateUsing AI and machine learning, the software registers an employee's computer activity throughout the day. The data, which can also pull information from email and calendars, is used to suggest timesheet entries to reflect a more accurate amount of time an employee spent working. The employee can review and revise as necessary. However, the software doesn't spy on or monitor employees. The data is only available to each employee, while others in the company can only see the timesheet's output, which Allocate said would be the same information available if a manual sheet was used. So, replacing manual timesheets with Allocate has three advantages: More accurate time entry, project analytics, and "'unsucking' the work experience."4. Document storageBy using AI to read and analyze business and legal documents, AI can store all of the important document-based information in the cloud. The severe reduction in print-outs means less paper and ink, fewer products like binder clips and boxes to store and organize all of the paper, and more employee time freed up from not needing to manually sort through every document.

Download or read book Robots Assist Business Organizational Development written by John Lok and published by . This book was released on 2022-04-26 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Trust in Human Robot Interaction written by Chang S. Nam and published by Academic Press. This book was released on 2020-11-17 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trust in Human-Robot Interaction addresses the gamut of factors that influence trust of robotic systems. The book presents the theory, fundamentals, techniques and diverse applications of the behavioral, cognitive and neural mechanisms of trust in human-robot interaction, covering topics like individual differences, transparency, communication, physical design, privacy and ethics. Presents a repository of the open questions and challenges in trust in HRI Includes contributions from many disciplines participating in HRI research, including psychology, neuroscience, sociology, engineering and computer science Examines human information processing as a foundation for understanding HRI Details the methods and techniques used to test and quantify trust in HRI

Download or read book Organizations and Industry 4 0 written by Vojko Potočan and published by Taylor & Francis. This book was released on 2024-08-01 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Known models for assessing the readiness and level of Industry 4.0 implementation are helpful in revealing key technological and non-technological aspects relevant in the frame of Industry 4.0 implementation in organizations. At the forefront are technological aspects of Industry 4.0 implementation in organizations, while non-technological aspects play a marginal role. Building upon ample evidence about the role of non-technological aspects of Industry 4.0 implementation in organizations, this book addresses these ever-important non-technological aspects. The authors address the role of management solutions in the framework of Industry 4.0 implementation through the utilization of various management tools, which support organizations working in all organizational areas. The importance of humans for Industry 4.0 is currently severely neglected, despite the many changes in the workplace. Thus, new challenges for human resource management (HRM) have emerged, such as technostress, human–robot interaction (HRI), and new tasks for employees. Non-technological aspects of Industry 4.0 are broadly influencing entire organizations, as the management tools support the working of organizations in all areas. Focusing on non-technological aspects of Industry 4.0 implementation, this book considers the utilization of traditional management tools as a key vehicle for supporting implementation in organizations. In terms of the importance of humans for implementation, at the forefront are changes in the workplace due to Industry 4.0, HRIs, and changing HRM practices. This book will be of value to researchers, academics, and advanced students in the fields of organizational studies, HRM, and change management.

Download or read book Robotic Development How Influence Economic Changes written by Johnny Ch LOK and published by . This book was released on 2021-07-02 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁ How manufacturers to raise efficiency in order to improve economic growth in possible to apply manufacturing robots to improve help economic growth (AI) can be defined as the capability of a machine to imitate intelligent human behavior. If AI can imitate any talent humans to learn how to improve their behaviors, e.g. manufacturing industry worker behavior improves to raise GDP growth or productive number grows rapidly . Can artificial intelligence being labour to become automated? Allows an ever-in-to increasing number of tasks previously performed by human labour to become automated in the ordinary production of goods and services process. Can (AI) create new ideas and technologies to help businessmen to solve complex problems and improve automation in the production of goods and services. The question concerns how (AI) manufacturing technology can impact economic growth? (AI)'s new form of automation live, self-driving cars, or they may bring high levels of skill,such as legal services, radiology, and some forms of scientific lab-based research. Can it allow our societies be impacted on economic growth, due to automation to disicipline our modeling of AI. In fact, AI automation to production of new ideas to future any industrial manufacturing process. It can influence to market structure, organization restructure, reallocation and wage inequality. So, discovering to AI automation can help future any organizations need to change existing task or discovering new tasks that can be used in production a reflects the fraction of tasks that have been automated. It brings automating old tasks when automated could be constant, leading a stable , capital share and a stable growth rate. Hence, in long term, AI automation manufacturing technology may help businessmen to reduce large manufacturing cost in order to achieve stable micro economic benefit to them when they can apply AI automation manufacturing technologies to improve their productivities in efficient manufacturing method. For Coca Cora soft drink example, if Coca Cora applies AI automation to raise its productive soft drinks number. Then , it can manufacture many soft drinks number in short time per day. Then, its sale number can be increased, when it has enough number to supply to global to sell its soft drink. Consequently, soft drink sale number must grow rapidly significantly. The fact that automated goods are produced with cheap capital , but it can also help business to raise production number significantly . How this superintelligence affect the economy? It seems physical tasks are essential to producing output, but when the manufacturer applies robotics to help production . Then, employees number may reduce, due to robotic participation, wages expenditure may reduce , but production number may increase . So, AI increases the motivation at physical tasks. Hence, AI must may bring production growth innovation incentives to any manufacturers. Finally, with imitation and learning being performed mainly by super machine in developed economies. Then , research labor would become devoted to product innovations increasing product variety or inventing new products ( new product lines), to replace existing products.

Download or read book The Robot Revolution written by The late John Hudson and published by Edward Elgar Publishing. This book was released on 2019 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the coming decades robots and artificial intelligence will fundamentally change our world. In doing so they offer the hope of a golden future, but there are dangers. This book looks at both the history of robots, in science and in fiction, as well as the science behind robots. Specific chapters analyse the impact of robots on the labour market, people’s attitudes to robots, the impact of robots on society, and the appropriate policies to pursue to prepare our world for the robot revolution. Overall the book strikes a cautionary tone. Robots will change our world dramatically and they will also change human beings. These important issues are examined from the perspective of an economist, but the book is intended to appeal to a wider audience in the social sciences and beyond.