Automation And Its Macroeconomic Consequences
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Automation And Its Macroeconomic Consequences
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Author : Klaus Prettner
language : en
Publisher: Academic Press
Release Date : 2020-06-19
Automation And Its Macroeconomic Consequences written by Klaus Prettner and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-19 with Business & Economics categories.
Automation and Its Macroeconomic Consequences reveals new ways to understand the economic characteristics of our increasing dependence on machines. Illuminating technical and social elements, it describes economic policies that could counteract negative income distribution consequences of automation without hampering the adoption of new technologies. Arguing that modern automation cannot be compared to the Industrial Revolution, it considers consequences of automation such as spatial patterns, urbanization, and regional concerns. In touching upon labor, growth, demographic, and policy, Automation and its Macroeconomic Consequences stands at the intersection of technology and economics, offering a comprehensive portrait illustrated by empirical observations and examples. - Introduces formal growth models that include automation and the empirical specifications on which the data-driven results rely - Focuses on formal modeling, empirical analysis and derivation of evidence-based policy conclusions - Considers consequences of automation, such as spatial patterns, urbanization and regional concerns
The Economics Of Artificial Intelligence
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Author : Ajay Agrawal
language : en
Publisher: University of Chicago Press
Release Date : 2024-03-14
The Economics Of Artificial Intelligence written by Ajay Agrawal and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-14 with Business & Economics categories.
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.
Automation And Autonomy
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Author : James Steinhoff
language : en
Publisher: Springer Nature
Release Date : 2021-06-21
Automation And Autonomy written by James Steinhoff and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-21 with Political Science categories.
This book argues that Marxist theory is essential for understanding the contemporary industrialization of the form of artificial intelligence (AI) called machine learning. It includes a political economic history of AI, tracking how it went from a fringe research interest for a handful of scientists in the 1950s to a centerpiece of cybernetic capital fifty years later. It also includes a political economic study of the scale, scope and dynamics of the contemporary AI industry as well as a labour process analysis of commercial machine learning software production, based on interviews with workers and management in AI companies around the world, ranging from tiny startups to giant technology firms. On the basis of this study, Steinhoff develops a Marxist analysis to argue that the popular theory of immaterial labour, which holds that information technologies increase the autonomy of workers from capital, tending towards a post-capitalist economy, does not adequately describe the situation of high-tech digital labour today. In the AI industry, digital labour remains firmly under the control of capital. Steinhoff argues that theories discerning therein an emergent autonomy of labour are in fact witnessing labour’s increasing automation.
Structural Change Market Concentration And Inequality
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Author : Yasuyuki Osumi
language : en
Publisher: Springer Nature
Release Date : 2024-07-05
Structural Change Market Concentration And Inequality written by Yasuyuki Osumi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-05 with Business & Economics categories.
This book clarifies the mechanism of widening income inequality and declining labor share in macroeconomics, growth, technology, and the labor market, and provides policy implications. The volume covers three research themes: the influence of structural change, the advancement of artificial intelligence, and the phenomena of market concentration on inequalities and labor share dynamics in theory and empirics. The wide array of theoretical topics in this book includes the implications of unbalanced growth, economy-wide elasticity of substitution between capital and labor, relatively rising service sectors, superstar firm phenomena, automation, the heterogeneity of capital, increasing returns to scale, and the information and financial service sectors on inequalities and labor share decline. These analyses are based on multifactor, multisector general equilibrium, the goods market, and the labor market’s imperfectly competitive framework. In addition, the book covers the relevant empirical data analyses that involve top wealth dynamics in the U.S. Forbes 400, the effect of deepening ICT capital on the labor share in major Japanese industries, and the emergence of increasing returns to scale in the Japanese information and financial sectors.
The Routledge Handbook Of The Economics Of Ageing
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Author : David E. Bloom
language : en
Publisher: Taylor & Francis
Release Date : 2023-08-16
The Routledge Handbook Of The Economics Of Ageing written by David E. Bloom and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-16 with Business & Economics categories.
Ageing populations pose some of the foremost global challenges of this century. Drawing on an international pool of scholars, this cutting-edge Handbook surveys the micro, macro and institutional aspects of the economics of ageing. Structured in seven parts, the volume addresses a broad range of themes, including health economics, labour economics, pensions and social security, generational accounting, wealth inequality and regional perspectives. Each chapter combines a succinct overview of the state of current research with a sketch of a promising future research agenda. This Handbook will be an essential resource for advanced students, researchers and policymakers looking at the economics of ageing across the disciplines of economics, demography, public policy, public health and beyond. Chapter 37 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution (CC-BY) 4.0 license.
Innovation In Education For Deeper Learning
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Author : Letizia Cinganotto
language : en
Publisher: IUL Press
Release Date : 2024-07-19
Innovation In Education For Deeper Learning written by Letizia Cinganotto and has been published by IUL Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-19 with Education categories.
Education and educational systems represent a powerful source of success (or failure) for any political community. The emergence of AI and new technologies will progressively transform the labour market, leading to technological unemployment. In this scenario, promoting pedagogical strategies fostering deeper learning represents an ethical and pragmatic commitment to synchronize education with the ongoing socio-economic transformations. In line with the road ahead, the scope of the volume is to collect ideas, reflections and experiences related to deeper learning and skill development in the education environment.
Encyclopedia Of Happiness Quality Of Life And Subjective Wellbeing
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Author : Hilke Brockmann
language : en
Publisher: Edward Elgar Publishing
Release Date : 2024-08-06
Encyclopedia Of Happiness Quality Of Life And Subjective Wellbeing written by Hilke Brockmann and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-08-06 with Social Science categories.
This comprehensive Encyclopedia delves into the underpinnings, approaches, and recent advancements in the dynamic global landscape of happiness and wellbeing research. Laying out the foundational concepts and disciplinary perspectives in the field, international leading and diverse authors survey the determinants and mechanisms which are associated with happiness, quality of life and subjective wellbeing. This title contains one or more Open Access entries.
Japan
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Author : International Monetary Fund. Asia and Pacific Dept
language : en
Publisher: International Monetary Fund
Release Date : 2018-11-27
Japan written by International Monetary Fund. Asia and Pacific Dept and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-27 with Business & Economics categories.
This Selected Issues explores Japan’s experiences with past valued added tax (VAT) rate increases and discusses potential policy options to mitigate the economic impact of a third-rate increase. It assesses the impact on the Japanese economy and, where possible, provides some international context. Alongside possible mitigating policies, it also discusses the importance of policy commitment and credibility, and how they can influence the macroeconomic impact of tax rate changes. Carefully designing policy measures and communicating them clearly to the public are paramount to attenuate any negative outcomes in the short term. A simple, single-rate VAT would efficiently raise tax revenues and support the government’s objective of achieving fiscal consolidation in the medium term. Assuming underlying macroeconomic conditions are favorable, the October 2019 VAT rate increase could potentially have a smaller impact on the economy relative to that of 2014 for several reasons. In order to reduce policy uncertainty and alleviate any adverse impacts from the 2019 VAT rate increase, the authorities should clearly communicate the timing and content of associated mitigating measures.
Macroeconomic Effects Of Climate Change In An Aging World
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Author : Mr. Vimal V Thakoor
language : en
Publisher: International Monetary Fund
Release Date : 2022-12-16
Macroeconomic Effects Of Climate Change In An Aging World written by Mr. Vimal V Thakoor and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-16 with Business & Economics categories.
Climate and demographic changes are two major long-term trends that are evolving simultaneously. The global population is aging, while climate change is increasing the frequency and severity of weather-related disasters and lowering productivity. This paper examines the macroeconomic effects of these three changes in a common framework. Simulation results suggest that while aging drags down the real interest rate, climate change puts upward pressure on the real interest rate and inflation. As climate change intensifies, it will be the dominant factor shaping the macroeconomic variables. This results in higher inflation and a higher debt-to-GDP ratio, requiring tighter fiscal and monetary policies. The results further suggest that economic uncertainty induced by climate change amplifies these effects of climate change.
Springer Handbook Of Automation
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Author : Shimon Y. Nof
language : en
Publisher: Springer Nature
Release Date : 2023-06-16
Springer Handbook Of Automation written by Shimon Y. Nof and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-16 with Technology & Engineering categories.
This handbook incorporates new developments in automation. It also presents a widespread and well-structured conglomeration of new emerging application areas, such as medical systems and health, transportation, security and maintenance, service, construction and retail as well as production or logistics. The handbook is not only an ideal resource for automation experts but also for people new to this expanding field.